Company: AGCC
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026121
Chunk: 53

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 53
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 the underwriters do not exercise their over -allotmentoption to purchase additional ordinary shares and the number of ordinary shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting the estimated underwriting discounts and commissions and estimated expenses payable by us. The net proceeds from this offering will be used strategically to (i) expand our supplier network by partnering with reputable whisky distilleries, allowing us to diversify and enhance our product portfolio, (ii) increase our bottling and packaging capacity for our proprietary brand whisky products, (iii) enhance our warehouse facilities and strengthen our inventory capacity in response to growing market demand, and (iv) implement strategic marketing initiatives aimed at driving growth, as well as to expand our sales team and strengthen our market presence in both existing and new geographical regions, including Japan, Hong Kong, Singapore, Malaysia, and other Asia -Pacificcountries. Assuming the offering size to be US$[•] million, we plan to use the net proceeds from this offering as follows: •approximately [30]% or US$[•] million to expand our supplier network by partnering with reputable whisky distilleries, allowing us to diversify and enhance our product portfolio; •approximately [30]% or US$[•] million to increase our bottling and packaging capacity for our proprietary brand whisky products; •approximately [15]% or US$[•] million to enhance our warehouse facilities and strengthen our inventory capacity in response to growing market demand; •approximately [15]% or US$[•] million to implement strategic marketing initiatives aimed at driving growth, as well as to expand our sales team and strengthen our market presence in both existing and new geographical regions, including Japan, Hong Kong, Singapore, Malaysia, and other Asia -Pacificcountries; and •approximately [10]% or US$[•] million for general corporate purposes. The foregoing represents our current intentions based upon our present plans and business conditions to use and allocate the net proceeds of this offering. Our management will have flexibility and discretion in the application of net proceeds from this offering, and investors will be relying on the judgment of our management regarding the use of these net proceeds. See “Risk Factors — Risks Related to Our Ordinary Shares and this Offering — We have broad discretion to determine how to use the net proceeds from this offering and may use them in ways that may not enhance our results of operations or the price of the ordinary shares.” Given the various factors that influence whisky distribution, including seasonal demand fluctuations, market