Company: AGCC
Filing Date: 2025-08-19
Form Type: F-1/A
Source: 0001213900-25-078155
Chunk: 218

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-08-19
Form: F-1/A
Chunk 218
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60 days. The Company reviews its account receivable balances regularly to minimize credit risk. Balances are reviewed regularly by senior management. The Company does not hold any collateral or other credit enhancements over its trade receivable balances. Account receivables are non -interestbearing. In applying ASC 326, the Company concluded that no material expected credit loss was required as of December 31, 2023 and 2024, based on forward -lookingscenarios and customer credit assessments. 5.PREPAYMENTS AND OTHER RECEIVABLES Prepayments and other receivables as of December 31, 2023 and 2024 are as follows:

|                          |     | As of December 31, |     |         |
|                          |     |               2023 |     |    2024 |
|                          |     |                US$ |     |     US$ |
| Prepayments to suppliers |     |            174,854 |     | 240,395 |
| Rental deposits          |     |              1,630 |     |   3,847 |
| Other receivables (Note) |     |              7,497 |     |       — |
| VAT recoverable          |     |             44,328 |     |       — |
|                          |     |            228,309 |     | 244,242 |

F-16

AGENCIA COMERCIAL SPIRITS LTD NOTES TO THE COMBINED FINANCIAL STATEMENTS FOR THE FINANCIAL YEARS ENDED DECEMBER 31, 2023 AND 2024 5.PREPAYMENTS AND OTHER RECEIVABLES (cont.) As of 31 December 2024, a prepayment to a related party of US$45,044 is included within prepayments to suppliers for the prepayment of fees related to a trademark licensing agreement, as described in Note 13 — Commitments and Contingencies. In assessing the expected credit loss in accordance with ASC 326, the Company incorporates various factors such as historical experience, current economic conditions, as well as forward -lookinginformation. As of December 31, 2023 and 2024, the Company concludes that no material expected credit loss is noted in respect of its other receivables. 6.INVENTORIES Inventories as of December 31, 2023 and 2024 are as follows:

|                |     | As of December 31, |     |           |
|                |