Company: AGCC
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026121
Chunk: 8

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 8
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, as long as we qualify as a foreign private issuer under the Exchange Act, we will be exempt from certain provisions of the Exchange Act that are applicable to U.S. domestic public companies, including: •the sections of the Exchange Act regulating the solicitation of proxies, consents or authorizations in respect of a security registered under the Exchange Act; •the sections of the Exchange Act requiring insiders to file public reports of their share ownership and trading activities and liability for insiders who profit from trades made in a short period of time; and •the rules under the Exchange Act requiring the filing with the SEC of quarterly reports on Form 10 -Qcontaining unaudited financial and other specified information, or current reports on Form 8 -K, upon the occurrence of specified significant events. We may take advantage of these exemptions until such time as we are no longer a foreign private issuer. We would cease to be a foreign private issuer at such time as more than 50% of our outstanding voting securities are held by U.S. residents and any of the following three circumstances applies: (i) the majority of our executive officers or directors are U.S. citizens or residents, (ii) more than 50% of our assets are located in the United States or (iii) our business is administered principally in the United States. In this prospectus, we have taken advantage of certain of the reduced reporting requirements as a result of being an emerging growth company and a foreign private issuer. Accordingly, the information contained herein may be different than the information you receive from other public companies in which you hold equity securities. CONVENTIONS THAT APPLY TO THIS PROSPECTUS Except otherwise indicated or the context otherwise requires: •“China” or “PRC” refers to The People’s Republic of China, excluding Hong Kong, Taiwan and Macau; •“Exchange Act” refers to Securities Exchange Act of 1934, as amended; •“NTD” refers to the legal currency of Taiwan; •“Operating Subsidiary”, “Taiwan Operating Subsidiary” or “Agencia Taiwan” refers to Agencia Comercial Co., Ltd, an operating subsidiary of the Company registered and incorporated under the laws of Taiwan in July 2020. •“ordinary shares” or “shares” prior to the completion of this offering refer to our ordinary shares of par value US$[•] per share, and upon and after the completion of this offering are to our ordinary shares; •“PCAOB” refers Public Company Accounting Oversight