US Stock Market Move | Taiwan liquor merchant Agencia Comercial Spirits (AGCC.US) landed on the US stock market, opening with a rise of over 4.7%.

On Wednesday, the whisky distributor Agencia Comercial Spirits (AGCC.US) from Taiwan landed on the US stock market, opening up more than 4.7%, at $4.08. The IPO price was $4. Agencia Comercial Spirits Ltd is a holding company registered in the Cayman Islands, operating in Taiwan through its wholly-owned subsidiary. It specializes in bottling, distribution and sales of imported whiskies, including bottled whisky, cask whisky, and brand licensing bottling services. Its core business model includes: import distribution; brand licensing bottling; and full chain services.