MASTERWORKS 171 LLC

MASTERWORKS 171 LLC

OOTC:MTKRS
4.10
USD
-0.45
(-9.89%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Finance
Industry
Financial conglomerates
Address
New York United States
Business
Masterworks 171, LLC is an art investment and asset securitization company that operates as a special purpose vehicle designed to facilitate fractional ownership in blue-chip fine art. Sponsored and managed by Masterworks, LLC through its affiliate Masterworks Administrative Services, LLC, the company acquires, holds, preserves, and ultimately monetizes high-value contemporary artwork for the benefit of public and accredited investors. The company's underlying asset is the contemporary painting Stanley; Memory Garden (2020) by American artist Tschabalala Self. The company's product and service offerings encompass Class A ordinary shares providing fractionalized equity interest and proportional economic exposure to the financial appreciation of the underlying artwork; professional art management, including climate-controlled museum-grade storage, physical conservation, display curation, and comprehensive insurance coverage; secondary market trading access and liquidity facilitation via over-the-counter markets under the ticker MTKRS as well as the proprietary Masterworks alternative trading platform; and investor relations, governance administration, and regulatory compliance under Tier 2 of Regulation A of the U.S. Securities Act. The company primarily serves retail and institutional investors, family offices, and wealth management clients seeking alternative asset diversification across the United States. In recent corporate developments, Masterworks 171, LLC initiated a corporate roll-up and reorganization transaction to transfer its operations, assets, and liabilities into a series of a centralized Delaware series limited liability company structure to enhance operational efficiency and streamline governance. Additionally, the company filed a Form 1-Z exit report with the U.S. Securities and Exchange Commission to suspend its ongoing Tier 2 reporting obligations following the conclusion of its primary public offering while supporting secondary market trading operations on the OTC Pink market. Masterworks 171, LLC was founded in 2022 and is headquartered in New York, New York.