Company: AGCC
Filing Date: 2025-09-04
Form Type: F-1/A
Source: 0001213900-25-084516
Chunk: 68

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-09-04
Form: F-1/A
Chunk 68
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, Malaysia, and other Asia -Pacificcountries. Assuming the gross proceeds to be US$8.75million, we plan to use the net proceeds from this offering as follows: •approximately 30% or US$2.05million to expand our supplier network by partnering with reputable whisky distilleries, allowing us to diversify and enhance our product portfolio; •approximately 30% or US$2.05million to increase our bottling and packaging capacity for our proprietary brand whisky products; •approximately 15% or US$1.02million to enhance our warehouse facilities and strengthen our inventory capacity in response to growing market demand; •approximately 15% or US$1.02million to implement strategic marketing initiatives aimed at driving growth, as well as to expand our sales team and strengthen our market presence in both existing and new geographical regions, including Japan, Hong Kong, Singapore, Malaysia, and other Asia -Pacificcountries; and •approximately 10% or US$0.69million for general corporate purposes. The foregoing represents our current intentions based upon our present plans and business conditions to use and allocate the net proceeds of this offering. Our management will have flexibility and discretion in the application of net proceeds from this offering, and investors will be relying on the judgment of our management regarding the use of these net proceeds. See “Risk Factors — Risks Related to Our Class A Ordinary Shares and this Offering — We have broad discretion to determine how to use the net proceeds from this offering and may use them in ways that may not enhance our results of operations or the price of the Class A Ordinary Shares.” Given the various factors that influence whisky distribution, including seasonal demand fluctuations, market trends and evolving consumer preferences, we cannot currently predict the extent of growth we will achieve with the net proceeds from this offering. The amount and timing of our actual expenditures may vary significantly based on numerous factors, including changes in market conditions, operating costs and channel performance. If unforeseen circumstances arise or business conditions change, we may allocate the proceeds of this offering differently than described in this prospectus. 41 DIVIDEND POLICY Our board of directors has discretion on whether to distribute dividends, subject to certain restrictions under Cayman Islands law, namely that our Company may only pay dividends out of profits or share premium, and provided always that we are able to pay our debts as they become due in the ordinary course of business. Subject to the laws of the Cayman Islands and our post -offeringamended and restated memorandum and articles of association, holders