MASTERWORKS 196 LLC
OOTC:MWQQS11.30
USD
+2.02
(+21.77%)
ISIN
US5759531040
CUSIP
575953104
Return %
Stock
S&P 500
1Y
- -
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- New York United States
- Similar Companies
- Business
- Masterworks 196, LLC is an alternative investment vehicle and specialized art holding company focused on acquiring, holding, promoting, and divesting blue-chip contemporary fine art. The company operates as a special purpose entity designed to provide retail and institutional investors with securitized fractional ownership in high-value physical artwork. Masterworks 196, LLC owns a single underlying asset, an oil on canvas painting created circa 1956 by American abstract expressionist artist Joan Mitchell. The company's core products and operational services comprise fractional Class A ordinary share offerings qualified under Regulation A Tier 2; custodial fine art preservation, insurance, and temperature-controlled storage; museum lending, exhibition, and display curation; periodic asset valuation and net asset value calculation; secondary market liquidity facilitation on over-the-counter alternative trading systems; and asset management, monitoring, and disposition services executed by its manager, Masterworks Administrative Services, LLC. The company operates primarily in the United States and serves individual investors, wealth managers, and alternative asset allocators seeking portfolio diversification and exposure to post-war and contemporary art. In recent corporate developments, Masterworks 196, LLC completed its Regulation A+ capital raise and acquired the Joan Mitchell artwork for 505,000 USD; established secondary trading for its Class A shares on the OTC Markets under the ticker symbol MWQQS; reported updated estimated Net Asset Value per share valuations of 18.30 USD; and filed Form 1-Z with the U.S. Securities and Exchange Commission in 2026 to terminate its ongoing periodic reporting obligations under Regulation A while maintaining over-the-counter share quotation. Formed on October 17, 2022, Masterworks 196, LLC is organized under the laws of Delaware, operates as a sponsored entity of parent platform Masterworks, LLC, and is headquartered at 1 World Trade Center, 57th Floor, New York, New York 10007, United States.