Company: AGCC
Filing Date: 2025-06-03
Form Type: DRS/A
Source: 0001213900-25-050599
Chunk: 67

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-06-03
Form: DRS/A
Chunk 67
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 diluted to the extent of the difference between the initial public offering price per Class A Ordinary Share and our net tangible book value per share after this offering. Dilution results from the fact that the initial public offering price per share is substantially in excess of the book value per share attributable to the existing shareholders for our presently issued and outstanding ordinary shares. Our net tangible book value as of December31, 2024 was approximately US$1.75million, or US$3,500 per share as of that date. Net tangible book value represents the amount of our total consolidated tangible assets, less the amount of our total consolidated liabilities. Dilution is determined by subtracting net tangible book value per share, after giving effect to the additional proceeds we will receive from this offering, from the assumed initial public offering price of US$ per Class A Ordinary Share, which is the midpoint of the estimated offering price range set forth on the cover page of this prospectus after deducting underwriting discounts and commissions and estimated offering expenses payable by us. Dilution is determined by subtracting net tangible book value per share on an as -convertedbasis, after giving effect to the additional proceeds we will receive from this offering, from the initial public offering price of US$ per Class A Ordinary Share, which is the initial public offering price set forth on the front cover of this prospectus, and after deducting underwriting discounts and commissions and estimated offering expenses payable by us. Without taking into account any other changes in net tangible book value after [•], other than to give effect to the sale of the Class A Ordinary Shares offered in this offering at the assumed initial public offering price of US$per Class A Ordinary Share, the midpoint of the estimated range of the offering price, after deduction of the underwriting discounts and commissions and estimated offering expenses payable by us, our pro forma as adjusted net tangible book value as of [•] would have been approximately US$million, or US$per share. This represents an immediate increase in net tangible book value of US$per share to the existing shareholders and an immediate dilution in net tangible book value of US$per share to investors purchasing Class A Ordinary Shares in this offering. The following table illustrates such dilution:

|                                                                                                     |     | Per Ordinary 
 Share        |
|                                                                                                     |     | -US$         |
| Assumed initial public offering price per Class A Ordinary Share                                    |     |              |
| Net tangible book value as per share of [•]                                                         |     | [•]          |
|