Company: AGCC
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026121
Chunk: 59

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 59
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 enforcement is sought is satisfied with the following: •the court rendering the judgment has jurisdiction over the subject matter according to the laws of Taiwan; •if the judgment was rendered by default by the court rendering the judgment, (i) we were duly served within a reasonable period of time within the jurisdiction of such court in accordance with the laws and regulations of such jurisdiction, or (ii) process was served on us with judicial assistance of Taiwan; •the judgment and the court procedures resulting in the judgment are not contrary to the public order or good morals of Taiwan; and •judgments of the courts of Taiwan are recognized in the jurisdiction of the court rendering the judgment on a reciprocal basis. 40 CORPORATE HISTORY AND STRUCTURE OUR CORPORATE HISTORY On March7, 2025, Agencia Comercial Spirits Ltd was incorporated as an exempted company with limited liability in the Cayman Islands as our holding company pending completion of the Reorganization of our group. Prior to completion of this offering, we will effect the Reorganization pursuant to which, Agencia Comercial Spirits Ltd will directly hold all the share capital of Ping Shiang Holding Ltd, which was incorporated in the British Virgin Islands on January21, 2025. Our wholly -ownedsubsidiary Ping Shiang Holding Ltd, in turn, will hold all the share capital of Agencia Comercial Co., Ltd, which was incorporated in Taiwan on July 7, 2020. As described below, upon completion of the Reorganization, Agencia Comercial Spirits Ltd, through a series of transactions which is accounted for as a reorganization of entities under common control (the “Reorganization”), will become the ultimate parent entity of its subsidiaries. OUR CORPORATE STRUCTURE The following diagram sets forth our corporate structure immediately prior to the initial offering following the completion of the Reorganization: ____________ (1)Ping Shiang Business Ltd is a limited liability company incorporated under the laws of the British Virgin Islands which is owned as to 82% by Mr.Tsai Yi Yang, our Chairman and Chief Executive Officer and 18% by Ms. Lee Li Mei, the mother of Mr.Tsai Yi Yang. 41 The following diagram illustrates our corporate structure, including our significant subsidiaries immediately upon the completion of this offering, assuming no exercise of the over -allotmentoption granted to the underwriters, based on the initial public offering price of US$ per ordinary share. ____________ (1)Ping Shiang Business Ltd is a limited liability company incorporated under the laws of the