Taiwan, Oct. 22, 2025 — Agencia Comercial Spirits Ltd (Agencia), a Taiwan-based specialized importer and distributor of high-quality whiskies, announced the pricing of its initial public offering (IPO). Conducted on October 21, 2025, the offering involved 1,750,000 Class A ordinary shares at a public offering price of US$4.00 per share, generating total gross proceeds of US$7.0 million before deducting underwriting discounts and offering expenses.
Additionally, the company has granted the underwriters a 45-day option (the “Over-Allotment Option”) to purchase up to an additional 262,500 Class A ordinary shares at the offering price. This amount represents 15% of the ordinary shares sold in the IPO (the “Over-allotment”).
The company’s Class A ordinary shares are expected to commence trading on the Nasdaq Capital Market (Nasdaq) on October 22, 2025, under the ticker symbol “AGCC.” The IPO is anticipated to close on or about October 23, 2025, subject to the satisfaction of customary closing conditions.
Agencia intends to utilize the net proceeds from the offering for several key purposes: (i) expanding its supplier network through partnerships with reputable whisky distilleries to diversify and enhance its product portfolio; (ii) increasing bottling and packaging capacity for its proprietary brand whisky products; (iii) enhancing warehouse facilities and strengthening inventory capacity to meet growing market demand; (iv) implementing strategic marketing initiatives to drive growth, expanding its sales team, and bolstering its market presence in existing and new geographical regions, including Japan, Hong Kong, Singapore, Malaysia, and other Asia-Pacific countries; and (v) general corporate purposes.
D. Boral Capital LLC is serving as the lead underwriter, with Revere Securities LLC acting as the co-underwriter (collectively, the “Underwriters”) for the offering. Concord & Sage PC is providing U.S. legal counsel to the company, and The Crone Law Group, P.C. is acting as U.S. legal counsel to the Underwriters.
The offering is being conducted pursuant to the company’s amended registration statement on Form F-1 (File No. 333-288600), which was filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on September 30, 2025. The offering is made solely by means of a prospectus, forming a part of the registration statement, and a free writing prospectus. These documents may be obtained for free by visiting EDGAR on the SEC’s website at . Alternatively, electronic copies of the final prospectus relating to the offering, when available, can be obtained by visiting the SEC’s website located at or by contacting D. Boral Capital LLC via standard mail at 590 Madison Avenue, 39th Floor, New York, NY 10022, or by email at or by telephone at +1 (212) 970-5150; or Revere Securities LLC via standard mail at 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by email at or by telephone at +1 (212) 688-2350.
Before investing, prospective investors should review the registration statement, the prospectus, and other documents the company has filed or will file with the SEC for comprehensive information about Agencia and the offering. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any of the company’s securities. Furthermore, there shall be no offer, solicitation, or sale of such securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.
About Agencia Comercial Spirits Ltd
Agencia Comercial Spirits Ltd is a Taiwan-based specialized importer and distributor of high-quality whiskies, including both bottled and cask whiskies, across Taiwan and international markets. The company is committed to delivering a diverse range of premium whisky products that cater to the discerning tastes of its customers. Its product portfolio is meticulously designed to meet the evolving demands of the market, leveraging extensive industry experience and strategic collaborations. Agencia primarily operates within the whisky industry through three distinct business areas: procurement and distribution of bottled whisky; procurement and distribution of raw cask whisky; and its cask-to-bottle & distribution business, which involves brand-authorized whisky bottling, packaging, and sales. Each segment plays a vital role in the company’s overall strategy, enabling it to address diverse consumer preferences and market demands.
Forward-Looking Statements
This announcement contains forward-looking statements, including, but not limited to, those regarding the company’s proposed offering. These forward-looking statements involve known and unknown risks and uncertainties, and are based on the company’s current expectations and projections concerning future events that it believes may impact its financial condition, results of operations, business strategy, and financial needs, including the expectation that the proposed offering will be successfully completed. Investors can identify many, though not all, of these statements by the use of words such as “believe,” “plan,” “expect,” “intend,” “should,” “seek,” “estimate,” “will,” “aim,” and “anticipate” or other similar expressions in the prospectus. The company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee their accuracy, and the company cautions investors that actual results may differ materially from the anticipated results. Investors are encouraged to review other factors that may affect its future results in the company’s registration statement and other filings with the SEC, which are available for review at .
For more information, please contact:
Company Contact:
Agencia Comercial Spirits Ltd
No. 65, Ln. 114, Xishi Rd., Xi’an Vil., Fengyuan Dist. Taichung City 42061, Taiwan (R.O.C.)
Phone: + 886-4-25614413
Email:
