Company: AGCC
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026121
Chunk: 7

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 7
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 contact us for any inquiries through the address and telephone number of our principal executive office. Our principal website is agcctw.com. The information contained on our website is not a part of this prospectus. IMPLICATIONS OF BEING AN EMERGING GROWTH COMPANY As a company with less than US$1.235 billion in revenue for our last fiscal year, we qualify as an “emerging growth company” pursuant to the Jumpstart Our Business Startups Act of 2012, as amended, or the JOBS Act. An emerging growth company may take advantage of specified reduced reporting and other requirements compared to those that are otherwise applicable generally to public companies. These provisions include exemption from the auditor attestation requirement under Section 404 of the Sarbanes -OxleyAct of 2002, or Section 404, in the assessment of the emerging growth company’s 3 internal control over financial reporting. The JOBS Act also provides that an emerging growth company does not need to comply with any new or revised financial accounting standards until such date that a private company is otherwise required to comply with such new or revised accounting standards. We have elected to take advantage of such exemptions. We will remain an emerging growth company until the earliest of (i) the last day of the fiscal year during which we have total annual gross revenue of at least US$1.235 billion; (ii) the last day of our fiscal year following the fifth anniversary of the completion of this offering; (iii) the date on which we have, during the preceding three -yearperiod, issued more than US$1.0 billion in non -convertibledebt; or (iv) the date on which we are deemed to be a “large accelerated filer” under the Securities Exchange Act of 1934, as amended, or the Exchange Act, which would occur if the market value of the ordinary shares that are held by non -affiliatesexceeds US$700 million as of the last business day of our most recently completed second fiscal quarter. Once we cease to be an emerging growth company, we will not be entitled to the exemptions provided in the JOBS Act discussed above. IMPLICATIONS OF BEING A FOREIGN PRIVATE ISSUER We are also considered as a “foreign private issuer.” Accordingly, upon consummation of this offering, we will report under the Exchange Act as a non -U.S. company with foreign private issuer status. This means that, even after we no longer qualify as an emerging growth company