Company: AGCC
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001213900-25-068743
Chunk: 15

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 15
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, amendments of our organizational documents and any merger, consolidation, sale of all or substantially all of our assets or other major corporate transactions requiring shareholder approval. 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”. As a result, we will be deemed a “controlled company” for the purpose of the Nasdaq listing rules. As a “controlled company,” we are permitted to elect not to comply with certain corporate governance requirements. If we rely on these exemptions, you will not have the same protection afforded to shareholders of companies that are subject to these corporate governance requirements. Currently, we do not plan to utilize the exemptions available for controlled company after we complete this offering but may rely on the exemption available for foreign private issuers to follow our home country governance practices instead. See “Risk Factors — Risks Related to Our Class A Ordinary Shares and This Offering — We will be a “controlled company” as defined under the Nasdaq Stock Market Rules and, as a result, can rely on exemptions from certain Corporate Governance Rules of the Nasdaq” on page 36 of this prospectus. CONVENTIONS THAT APPLY TO THIS PROSPECTUS Except otherwise indicated or the context otherwise requires: •“Agencia Cayman,” “Company,” or “our Company” refers to Agencia Comercial Spirits Ltd, an exempted company incorporated under the laws of the Cayman Islands with limited liability on March7, 2025; •“Class A Ordinary Shares” refers to the Class A Ordinary Shares of par value US$0.00004 each of Agencia Comercial Spirits Ltd, the Cayman Islands holding company of our Group; •“Class B Ordinary Shares” refers to the Class B Ordinary Shares of par value US$0.00004 each of Agencia Comercial Spirits Ltd, the Cayman Islands holding company of our Group; •“China” or “PRC” refers to The People’s Republic of China, excluding Hong Kong, Taiwan and Macau; •“Controlling Shareholders” refers to Mr.Tsai Yi Yang, our Chairman of the Board of Directors and Chief Executive Officer, and Ms. Lee Li Mei, the mother of Mr.Tsai Yi Yang, and through their shares held in Ping Shiang Business Ltd (which is owned as to 82% by Mr.Tsai Yi Yang and 18% by Ms. Lee Li Mei