Taichung City, Taiwan, Oct. 31, 2025 — Agencia Comercial Spirits Ltd (Nasdaq: AGCC), also referred to as “the Company” or “Agencia,” a Taiwan-based specialist in importing and distributing premium whiskies, announced today that the underwriters of its initial public offering, which concluded on October 23, 2025, have fully exercised their over-allotment option. This exercise involved the purchase of an additional 262,500 Class A ordinary shares at the public offering price of US$4.00 per share, generating extra gross proceeds of US$1.05 million before accounting for underwriting discounts and offering expenses. The offering was executed on a firm commitment basis, with all Class A ordinary shares made available by Agencia.
The over-allotment option was initially granted in conjunction with the Company’s previously announced underwritten initial public offering of 1,750,000 Class A ordinary shares, which had yielded gross proceeds of US$7 million. With the full exercise of the underwriters’ option, the total number of Class A ordinary shares sold in the public offering increased to 2,012,500, raising the aggregate gross proceeds from the offering to US$8.05 million, prior to deductions for underwriting discounts and offering expenses.
The Class A ordinary shares received approval for listing on The Nasdaq Capital Market and began trading under the ticker symbol “AGCC” on October 22, 2025.
The Company plans to utilize the net proceeds from this offering for several strategic initiatives: (i) expanding its network of suppliers by establishing partnerships with reputable whisky distilleries to diversify and enhance its product range; (ii) increasing its capacity for bottling and packaging proprietary brand whisky products; (iii) upgrading its warehouse facilities and bolstering inventory capacity to meet growing market demand; (iv) implementing strategic marketing campaigns to stimulate growth, alongside expanding its sales team and strengthening its market footprint in current and new regions within Asia-Pacific, including Japan, Hong Kong, Singapore, Malaysia, and other countries; and (v) general corporate purposes.
D. Boral Capital LLC served as the lead underwriter, while Revere Securities LLC acted as co-underwriter (collectively, the “Underwriters”) for the offering. Concord & Sage PC provided U.S. legal counsel to the Company, and The Crone Law Group, P.C. served as U.S. legal counsel to the Underwriters for this offering.
A registration statement on Form F-1 pertaining to the offering (File Number: 333-288600), as amended, was filed with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on September 30, 2025. The offering was conducted exclusively through a prospectus, which forms part of the registration statement, and a free writing prospectus. Digital copies of the final prospectus for the offering can be accessed by visiting the SEC’s website at http://www.sec.gov or by contacting D. Boral Capital LLC via standard mail at 590 Madison Avenue, 39th Floor, New York, NY 10022, email at or telephone at +1 (212) 970-5150; or Revere Securities LLC via standard mail at 560 Lexington Avenue, 16th Floor, New York, NY 10022, email at or telephone at +1 (212) 688-2350.
Prospective investors are advised to read the registration statement, the prospectus, and other documents filed or to be filed by the Company with the SEC for comprehensive information regarding the Company and the offering before making an investment decision. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company’s securities. Furthermore, no offer, solicitation, or sale of such securities shall occur in any state or jurisdiction where such activity would be unlawful without prior registration or qualification under the securities laws of that state or jurisdiction.
About Agencia Comercial Spirits Ltd
Agencia Comercial Spirits Ltd, based in Taiwan, is a specialized importer and distributor of premium whiskies, encompassing both bottled and cask varieties, across Taiwan and international markets. The Company is committed to offering a diverse array of high-quality whisky products designed to satisfy the sophisticated palates of its clientele. Its product portfolio is strategically developed to meet evolving market demands, leveraging extensive industry expertise and key collaborations. Agencia operates primarily across three distinct segments within the whisky industry: the procurement and distribution of bottled whisky, the procurement and distribution of raw cask whisky, and a cask-to-bottle & distribution business, which includes brand-authorized whisky bottling, packaging, and sales. Each segment is crucial to the Company’s overarching strategy, enabling it to effectively cater to varied consumer preferences and market requirements.
Forward-Looking Statements
This announcement contains certain forward-looking statements. These statements involve inherent known and unknown risks and uncertainties and are predicated on the Company’s current expectations and projections concerning future events that are believed to potentially impact its financial condition, operational results, business strategy, and financial needs. Investors can identify many, though not all, of these statements through the use of terms such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “potential,” “intend,” “plan,” “believe,” “likely to,” or similar expressions within this prospectus. The Company is not obligated to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except where mandated by law. While the Company believes the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee their accuracy. The Company advises investors that actual results may diverge materially from anticipated outcomes and encourages a review of additional factors that could influence its future results, as detailed in the Company’s registration statement and other filings with the SEC.
For more information, please contact:
The Company’s 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:
