Core Viewpoint - Agencia Comercial Spirits Ltd, a Taiwan-based importer and distributor of high-quality whiskies, has priced its initial public offering (IPO) at US$4.00 per share, aiming to raise total gross proceeds of US$7.0 million before expenses [1][2]. Group 1: Offering Details - The IPO consists of 1,750,000 Class A ordinary shares, with an additional 262,500 shares available through an over-allotment option for underwriters [2]. - Trading of the Class A ordinary shares is expected to commence on the Nasdaq Capital Market under the symbol "AGCC" on October 22, 2025, with the offering anticipated to close around October 23, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for expanding the supplier network, increasing bottling and packaging capacity, enhancing warehouse facilities, implementing strategic marketing initiatives, and general corporate purposes [4]. Group 3: Company Overview - Agencia Comercial Spirits Ltd specializes in the import and distribution of high-quality whiskies, operating in three main business areas: procurement and distribution of bottled whisky, procurement and distribution of raw cask whisky, and cask-to-bottle distribution [8]. - The company aims to cater to diverse consumer preferences and market demands through its extensive product portfolio and strategic collaborations [8].
AGENCIA COMERCIAL SPIRITS LTD Announces Pricing of $7 Million Initial Public Offering and Listing on Nasdaq
Globenewswire·2025-10-22 14:50