Company: AGCC
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001213900-25-068743
Chunk: 18

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 18
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, an independent research firm, commissioned by our Group in connection with this offering, for which we paid a fee. This information involves a number of assumptions and limitations, and you are cautioned not to place undue reliance on these estimates. We have not independently verified the accuracy or completeness of the data contained in these industry reports. The industry in which we operate is subject to a high degree of uncertainty and risk due to a variety of factors, including those described in the “Risk Factors” section. These and other factors could cause results to differ materially from those expressed in these publications and reports. Industry publications, research, surveys, studies and forecasts generally state that the information they contain has been obtained from sources believed to be reliable. Forecasts and other forward -lookinginformation obtained from these sources are subject to the same qualifications and uncertainties as the other forward -lookingstatements in this prospectus. These forecasts and forward -lookinginformation are subject to uncertainty and risk due to a variety of factors, including those described under “Risk Factors.” These and other factors could cause results to differ materially from those expressed in the forecasts or estimates from independent third parties and us. RISK FACTORS SUMMARY You should carefully consider the risks and uncertainties summarized below, the risks described under the “Risk Factors” section beginning on page 16. The risks described in “Risk Factors” in this prospectus may cause us to not realize the full benefits of our strengths or may cause us to be unable to successfully execute all or part of our growth strategy. Some of the more significant risks include the following: Risks Related to Our Business and Industry •A decrease in consumer demand for alcoholic beverages could significantly and negatively impact our business, operations, and financial performance. See “Risk Factors — A decrease in consumer demand for alcoholic beverages could significantly and negatively impact our business, operations, and financial performance” on page 16 of this prospectus; •We face significant competition from an increasing number of products and market participants, which could materially and adversely affect our business, results of operations, and financial condition. See “Risk Factors — We face significant competition from an increasing number of products and market participants, which could materially and adversely affect our business, results of operations, and financial condition” on page 16 of this prospectus; •It is difficult to predict the timing and amount of our sales because our distributors and their accounts are not required to place minimum orders with us. See “Risk Factors — It is difficult to predict the timing and amount of our sales because our distributors and their accounts are not required