MASTERWORKS 061 LLC

MASTERWORKS 061 LLC

OOTC:MTWKS
6.00
USD
-0.80
(-11.76%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

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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 061, LLC is an alternative asset investment vehicle and special purpose entity formed to acquire, manage, and monetize blue-chip fine art. Founded in 2021 and headquartered in New York, New York, the company operates within the art securitization and diversified financial services sector under the sponsorship of Masterworks, LLC, with day-to-day administrative operations overseen by Masterworks Administrative Services, LLC. Masterworks 061, LLC facilitates fractional fine art ownership for accredited and retail investors across the United States and international markets. The company offers a specialized asset-backed investment structure comprising the issuance and administration of Regulation A-qualified Class A Ordinary Shares; custodial, climate-controlled storage, and insurance services for high-value artwork, centered on a specific multi-million-dollar piece by artist Günther Uecker; art promotion, exhibition, and appraisal management; and liquidation and portfolio distribution services designed to optimize capital returns upon the eventual disposition of the underlying artwork. In recent developments, Masterworks 061, LLC completed its public offering phase, resulting in the closing of its primary offering, and filed a Form 1-Z Exit Report with the U.S. Securities and Exchange Commission to formally certify the suspension of its periodic reporting obligations under Regulation A, while maintaining asset oversight and governance under Masterworks Administrative Services, LLC.