Company: AGCC
Filing Date: 2025-07-10
Form Type: F-1
Source: 0001213900-25-062654
Chunk: 61

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-10
Form: F-1
Chunk 61
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,500,000] Class B Ordinary Shares, representing [96.89]% (or [96.74]%, assuming the underwriters exercise their over -allotmentoption in full) of the aggregate total voting power of our then total issued and outstanding share capital and therefore control all matters submitted to our shareholders for approval. Subsequent to the Offering, [19,614,000] Class A Ordinary Shares (assuming an offering size as set forth above) and [14,500,000] Class B Ordinary Shares will be issued and outstanding. A controlling shareholder will need to keep more than [82,307,000] Class A Ordinary Shares or [8,230,700] Class B Ordinary Shares to control 50% of the total voting power of our then outstanding Ordinary Shares, assuming the underwriters do not exercise their over -allotmentoption. In addition, there is no restriction for potential future issuances of Class B Ordinary Shares. If such occurred, the voting power of the holders of the Class A Ordinary Shares will be diluted. The Controlling Shareholders will have the ability to determine all matters requiring approval by shareholders and that the concentrated control may limit or preclude your ability to influence corporate matters for the foreseeable future, including the election of directors, amendments of our organizational documents and any merger, consolidation, sale of all or substantially all of our assets or other major corporate transactions requiring shareholder approval. In addition, this concentrated control may prevent or discourage unsolicited acquisition proposals or offers for our capital stock that you may feel are in your best interest as one of our shareholders. As a result, such concentrated control may adversely affect the market price of our Class A Ordinary Shares. 36 We cannot predict the effect that our dual-class structure may have on the market price of our Class A Ordinary Shares. We cannot predict whether our dual -classstructure will result in a lower or more volatile market price of our Class A Ordinary Shares, adverse publicity or other adverse consequences. For example, certain index providers have announced and implemented restrictions on including companies with multiple -classshare structures in certain of their indices. In July 2017, FTSE Russell announced that it would require new constituents of its indices to have greater than 5% of the company’s voting rights in the hands of public stockholders, and S&P Dow Jones announced that it would no longer admit companies with multiple -classshare structures to certain of its indices. Affected indices include the Russell 2000 and the S&P 500, S&P MidCap 400