AGENCIA COMERCIAL SPIRITS LTD Announces Closing of $7 million Initial Public Offering

Company Overview - Agencia Comercial Spirits Ltd is a Taiwan-based specialized importer and distributor of high-quality whiskies, including both bottled and cask whiskies, catering to both local and international markets [6] - The company operates through three distinct business areas: procurement and distribution of bottled whisky, procurement and distribution of raw cask whisky, and cask-to-bottle & distribution business [6] Initial Public Offering (IPO) Details - The company announced the closing of its initial public offering of 1,750,000 Class A ordinary shares at a public offering price of US$4.00 per share, resulting in total gross proceeds of US$7.0 million before deductions [1] - The Class A ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol "AGCC" on October 22, 2025 [2] - The offering was conducted on a firm commitment basis, with D. Boral Capital LLC as the lead underwriter and Revere Securities LLC as co-underwriter [3] Use of Proceeds - The net proceeds from the offering will be used for several strategic initiatives, including expanding the supplier network, increasing bottling and packaging capacity, enhancing warehouse facilities, implementing marketing initiatives, and general corporate purposes [2]