MASTERWORKS 172 LLC
OOTC:MKPKS9.25
USD
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ISIN
US5759371074
CUSIP
575937107
Return %
Stock
S&P 500
1Y
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14.39
3Y
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81.42
5Y
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68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
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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 172, LLC operates as a specialized art securitization and alternative investment vehicle established to acquire, manage, and hold a specific fine artwork for long-term capital appreciation and eventual commercial disposition. Founded in 2022 and headquartered in New York, New York, the company operates as a sponsored investment vehicle of Masterworks, LLC, providing retail and institutional investors with fractional beneficial ownership in high-value blue-chip fine art pursuant to Tier 2 of Regulation A under the Securities Act of 1933. The entity conducts its operations within the alternative asset management sector in the United States. The company's core products and services include: fractional beneficial equity ownership represented by Class A ordinary shares pegged to the financial performance and value of its single underlying fine art asset; fine art acquisition, title authentication, and provenance verification services provided through Masterworks Gallery, LLC; physical asset custody, museum-grade climate-controlled storage, preservation, and comprehensive casualty insurance administration; institutional art loan and public exhibition facilitation services; shareholder recordkeeping, transfer coordination, and statutory financial reporting via Form 1-K, Form 1-SA, and Form 1-U filings with the U.S. Securities and Exchange Commission; and secondary market trading enablement through public electronic quotation platforms. In recent developments, the company commenced secondary market trading and public quotation of its Class A ordinary shares on the OTC Markets under the ticker symbol MKPKS, expanding liquidity options for existing and prospective fractional art investors. The company also continues to execute ongoing asset administration and monitoring through Masterworks Administrative Services, LLC, tracking macroeconomic art market trends, auction valuations, and private sales comparables to determine the optimal timing for the future sale of the underlying artwork and the subsequent distribution of net proceeds to shareholders.