Company: AGCC
Filing Date: 2025-07-10
Form Type: F-1
Source: 0001213900-25-062654
Chunk: 3

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-10
Form: F-1
Chunk 3
---
 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 50% of the total voting power of our then outstanding Ordinary Shares, assuming the underwriters do not exercise their over -allotmentoption. There is no restriction for potential future issuances of Class B Ordinary Shares. If such occurred, the voting power of the holders of the Class A Ordinary Shares will be diluted. In addition, because of the ten -to-onevoting ratio between our Class B and Class A Ordinary Shares, the concentrated control may limit or preclude your ability to influence corporate matters for the foreseeable future and the Controlling Shareholders will have the ability to determine all matters requiring approval by shareholders, including the election of directors, 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 “Risk Factors — Our dual -classvoting structure will limit your ability to influence corporate matters and could discourage others from pursuing any change of control transactions that holders of our Class A Ordinary Shares may view as beneficial”.

Except where the context otherwise requires or where otherwise indicated, the terms “Company,”