MASTERWORKS 121 LLC
OOTC:MKOTS4.00
USD
-2.90
(-42.03%)
ISIN
US57645X1081
CUSIP
57645X108
Return %
Stock
S&P 500
1Y
-20.00
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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 121, LLC is an art investment and asset securitization vehicle that operates as a special purpose entity sponsored by Masterworks, LLC. Founded in 2022 and headquartered in New York, New York, the company was established to acquire, title, curate, maintain, and eventually market and sell a specific blue-chip artwork by a recognized contemporary artist. The company operates in the alternative asset management and art investment sector, providing retail and accredited investors with direct exposure to investment-grade fine art through fractionalized equity ownership. Its core business activities and offerings include the acquisition and ownership of high-value visual artwork; the issuance and securitization of fractional Class A ordinary shares under Regulation A Tier 2 of the Securities Act; ongoing art asset management and custodial administration; specialized museum-grade climate-controlled storage, insurance coverage, and physical asset preservation; continuous art valuation, provenance research, condition reporting, and market appraisal tracking; and the execution of asset liquidation strategies through private collector placements, gallery sales, and major auction house consignments. Masterworks 121, LLC operates as an externally managed subsidiary of Masterworks Administrative Services, LLC, which oversees administrative, custodial, and operational functions, while fine art assets are safeguarded in secure specialized storage facilities located in the United States and internationally. In recent developments, the company finalized the public qualification and closing of its Regulation A offering, facilitated the admission and quotation of its Class A ordinary shares on the OTC secondary trading market under the ticker symbol MKOTS, and transitioned to its long-term asset management and value-monitoring phase under Masterworks Administrative Services, LLC, which continues to actively track global art market liquidity, auction trends, and institutional demand to determine an optimal commercial disposition window for the underlying artwork.