Masterworks 162, LLC operates as an art investment vehicle established to acquire, hold, manage, and ultimately divest a single specific work of blue-chip contemporary art. Founded in 2022 and headquartered in New York, New York, the company operates as a Delaware limited liability company and a sponsored special purpose vehicle of Masterworks, LLC. The company's core operations and product offerings comprise fractional equity participation through Class A ordinary shares; artwork custody, preservation, and specialized climate-controlled storage management; fine art insurance procurement; loan-collateralization and museum exhibition facilitation; and administrative asset oversight. Masterworks 162, LLC caters to both retail and accredited individual and institutional investors across the United States seeking alternative asset exposure to post-war and contemporary fine art. In its recent developments, following the qualification and completion of its Regulation A Tier 2 offering, the company facilitated secondary market liquidity for its Class A shares through quotation on the OTC Markets under the ticker symbol MKSOS, while maintaining active asset management, ongoing regulatory reporting compliance, and strategic monitoring of global art auction and private sale channels for potential liquidity and asset disposition opportunities.