MASTERWORKS 062 LLC
OOTC:MTWJS8.40
USD
+0.15
(+1.82%)
ISIN
US57652G1058
CUSIP
57652G105
Return %
Stock
S&P 500
1Y
5.00
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- New York United States
- Similar Companies
- Business
- Masterworks 062, LLC is an alternative investment vehicle formed to acquire, hold, manage, and opportunistically disposition a specific, single work of blue-chip fine art to provide retail and institutional investors with fractionalized equity exposure to the fine art market. The company operates within the alternative asset and fine art management industry as a special purpose vehicle sponsored by Masterworks, LLC and managed by Masterworks Administrative Services, LLC. The company's core products and operational services encompass fractionalized fine art investment shares issued under Regulation A Tier 2 of the Securities Act; specialized artwork custody, climate-controlled archival storage, conservation, and comprehensive insurance management; shareholder administration, investor relations, and SEC regulatory reporting services; secondary market trading access on alternative trading systems and over-the-counter markets under the ticker symbol MTWJS; and commercial monetization strategies, institutional exhibition loans, and art disposition execution via private gallery sales and international auction houses. In recent developments, Masterworks 062, LLC completed the qualification and full subscription of its Class A ordinary share offering, established public quotation and secondary market liquidity on the OTC Markets under the ticker MTWJS, aligned its custodial and asset management operations with updated Masterworks institutional storage and valuation frameworks, and continues to monitor international art market pricing and auction liquidity to evaluate potential liquidation events and subsequent distribution of net proceeds to shareholders. Masterworks 062, LLC was organized in 2021 and is headquartered in New York, New York.