MASTERWORKS 245 LLC

MASTERWORKS 245 LLC

OOTC:MTWZS
16.75
USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

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in mil. unless spec.
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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 245, LLC operates as an art investment vehicle and special purpose entity established to acquire, hold, manage, and ultimately divest a single specific blue-chip artwork. The company functions within the alternative asset and fine art securitization sector, providing individual and institutional investors with fractional ownership access to high-value fine art assets. Its core offerings and operations include fractionalized Class A ordinary share ownership interests; asset curation, physical conservation, and custodial oversight services; comprehensive commercial fine art insurance programs; and secondary liquidity facilitation through public quotation on the OTC Markets under the ticker symbol MTWZS and affiliated alternative trading systems. Administrative, custodial, and advisory functions are managed in conjunction with its parent and affiliated entities, including Masterworks.io, LLC, Masterworks Gallery, LLC, and Masterworks Administrative Services, LLC, which oversee periodic valuation assessments, museum loan evaluations, and eventual art asset divestiture via private sales or global auction houses such as Christie's, Sotheby's, and Phillips. In recent developments, Masterworks 245, LLC completed its Regulation A Tier 2 public offering to democratize access to the underlying artwork, commenced secondary market trading and quotation of its Class A shares on the OTC Markets under the symbol MTWZS to enhance liquidity for shareholders, integrated advanced climate-controlled freeport storage and preservation protocols, and initiated ongoing asset-monitoring procedures to evaluate strategic disposition opportunities aligned with international art market appreciation. Masterworks 245, LLC was organized in 2023 and is headquartered in New York, New York.