Company: AGCC
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001213900-25-068743
Chunk: 4

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 4
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holders”), through Ping Shiang Business Ltd, will beneficially own 14,500,000 Class A Ordinary Shares, approximately 73.93% of our outstanding Class A Ordinary Shares (or 72.95% of our outstanding Class A Ordinary Shares assuming the underwriters exercise their over -allotmentoption in full) and 14,500,000 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 total issued and outstanding share capital. As a result, we expect to be a “controlled company” within the meaning of rule 5615(c) of Nasdaq Stock Market LLC (“Nasdaq Listing Rules”). Please see “Implications of Being a Controlled Company”. See “Principal Shareholders” and “Risk Factors — We are a “controlled company” within the meaning of the Nasdaq listing rules, and may follow certain exemptions from certain corporate governance requirements that could adversely affect our public shareholders”. We have a dual -classvoting structure consisting of Class A Ordinary Shares and Class B Ordinary Shares. Based on our dual -classvoting structure, holders of Class A Ordinary Shares will be entitled to one (1) vote per share in respect of matters requiring the votes of shareholders, while holders of Class B Ordinary Shares will be entitled to ten (10) votes per share. In no event shall Class A Ordinary Shares be convertible into Class B Ordinary Shares nor shall any Class B Ordinary Share be convertible into Class A Ordinary Shares, and there is no sunset provisions that limit the lifespan of the Class B Ordinary Shares. See “Description of Share Capital” for more details. As of the date of this prospectus, 17,864,000 Class A Ordinary Shares and 14,500,000 Class B Ordinary Shares were issued and outstanding. Our Controlling Shareholders must keep more than 82,307,000 Class A Ordinary Shares or 8,230,700 Class B Ordinary Shares to control 50% of the voting power of the Company and control the outcome of matters submitted to 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 shareholder will need to keep more than 82,307,000 Class A Ordinary Shares or 8,230,700 Class B Ordinary Shares to control