MASTERWORKS 017 LLC
OOTC:MKOOS8.10
USD
-2.90
(-26.36%)
ISIN
US57648D1090
CUSIP
57648D109
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- New York United States
- Similar Companies
- Business
- Masterworks 017, LLC is an alternative investment vehicle and art securitization holding company focused on acquiring, holding, curating, and monetizing blue-chip fine art assets. Founded in 2020 and headquartered in New York, New York, the company operates as a specialized subsidiary under the sponsorship and administration of Masterworks, LLC and its affiliate Masterworks Administrative Services, LLC. Masterworks 017, LLC was formed to acquire and hold an equity interest in a specific fine art masterpiece, Little Electric Chair (1964) by American pop artist Andy Warhol, held indirectly through a segregated portfolio of Masterworks Cayman, SPC. The company provides retail and institutional investors with fractionalized economic exposure to high-value artwork through the issuance of SEC-qualified Class A ordinary shares. The company’s core products and operational services include: fractional fine art equity shares; asset curation, conservation, and museum-grade climate-controlled storage; comprehensive art insurance coverage; valuation and provenance research; loan programs for museum and gallery exhibitions; and secondary trading facilitation for public share liquidity via over-the-counter markets under the ticker MKOOS. In recent operational developments, Masterworks 017, LLC has maintained ongoing regulatory compliance and disclosure through annual and semiannual reporting under SEC Regulation A, while expanding liquidity access for investors through quotation on OTC trading systems. Additionally, the administrator has continued active portfolio monitoring and strategic asset evaluation within the broader postwar and contemporary art auction market, optimizing long-term capital appreciation strategies and positioning the underlying artwork for potential sale to private collectors or institutional buyers when favorable market conditions arise.