Company: AGCC
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026121
Chunk: 138

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 138
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ended and restated articles of association, if our share capital is divided into more than one class of shares, the rights attached to any such class may only be varied with the sanction of a resolution passed by a majority of two -thirdsof the votes cast at a separate meeting of the holders of the shares of that class. Amendment of Governing Documents.Under the Delaware General Corporation Law, a corporation’s governing documents may be amended with the approval of a majority of the outstanding shares entitled to vote, unless the certificate of incorporation provides otherwise. Under Cayman Islands law, our post -offeringmemorandum and articles of association may only be amended with a special resolution of our shareholders. Rights of Non -resident or Foreign Shareholders.There are no limitations imposed by our post -offeringmemorandum and articles of association on the rights of non -residentor foreign shareholders to hold or exercise voting rights on our shares. In addition, there are no provisions in our post -offeringmemorandum and articles of association governing the ownership threshold above which shareholder ownership must be disclosed. History of Securities Issuances In the past three years, we have not issued any securities. 97 SHARES ELIGIBLE FOR FUTURE SALE Upon completion of this offering, we will haveordinary shares outstanding, or approximately% of our outstanding ordinary shares, assuming the underwriters do not exercise their option to purchase additional ordinary shares. All of the ordinary shares sold in this offering will be freely transferable by persons other than by our “affiliates” without restriction or further registration under the Securities Act. Sales of substantial amounts of our ordinary shares in the public market could adversely affect prevailing market prices of our ordinary shares. Prior to this offering, there has been no public market for our ordinary shares and we cannot assure you that a regular trading market will develop even if our ordinary shares are approved for listing on the Nasdaq Capital Market. LOCK-UP AGREEMENTS We have agreed for a period of three (3) months from the closing of this offering, we and any successors of us will not (a) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of capital stock of us or any securities convertible into or exercisable or exchangeable for shares of capital stock of us; (b) file or caused to be filed any registration statement with the SEC relating