Company: AGCC
Filing Date: 2025-10-22
Form Type: 424B4
Source: 0001213900-25-101076
Chunk: 16

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-10-22
Form: 424B4
Chunk 16
---
 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 to place minimum orders with us” on page 18 of this prospectus; •Our two largest customers accounted for a significant portion of our total revenue for the year ended December31, 2024; •We depend on a limited number of customers for a high percentage of our revenue. For the fiscal year ended December31, 2024, our largest customer accounted for more than 41.4% of our sales, of which buy from us on a purchase order basis. If we cannot maintain our current relationships with customers, fail to sustain recurring sources of revenue with our existing customers, or if we fail to enter into new relationships, our future operating results will be adversely affected. See “Risk Factors — We depend on a limited number of customers for a high percentage of our revenue. If we cannot maintain our current relationships with customers, fail to sustain recurring sources of revenue with our existing customers, or if we fail to enter into new relationships, our future operating results will be adversely affected” on page 19 of this prospectus; 9 •Contamination of our products and/or counterfeit or confusingly similar products could harm the image and integrity of, or decrease customer support for, our brands and decrease our sales. See “Risk Factors — Contamination of our products and/or counterfeit or confusingly similar products could harm the image and integrity of, or decrease customer support for, our brands and decrease our sales”