MASTERWORKS 109 LLC

MASTERWORKS 109 LLC

OOTC:MWQTS
7.50
USD
-1.00
(-11.76%)
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 109, LLC operates as an art investment holding company established to acquire, finance, hold, insure, and eventually divest a single high-value work of blue-chip fine art. The company functions as a special purpose vehicle managed and sponsored by Masterworks, LLC, providing retail, accredited, and institutional investors with fractional equity exposure to the contemporary and post-war visual art market. Its core products and services comprise fractionalized Class A ordinary share ownership interests representing pro-rata economic stakes in its underlying physical artwork; fine art custodial and asset management oversight administered via affiliates Masterworks Gallery, LLC and Masterworks Administrative Services, LLC; comprehensive fine art casualty insurance, provenance tracking, and high-security climate-controlled storage administration; continuous condition monitoring and periodic fair-value appraisal tracking; and secondary trading liquidity facilitation through over-the-counter trading under the ticker symbol MWQTS and via the Masterworks alternative trading system. In recent company developments, Masterworks 109, LLC enabled secondary market quotation and trading for its Class A shares on OTC Markets under the ticker MWQTS to broaden investor access and facilitate share liquidity. In addition, the company continues to execute its ongoing compliance, periodic reporting, and asset valuation disclosures pursuant to U.S. Securities and Exchange Commission Regulation A Tier 2 standards, while Masterworks asset managers actively evaluate global auction houses and private gallery transaction channels to identify strategic commercial exit opportunities and optimize capital returns for equity holders. Masterworks 109, LLC was formed in 2022 as a Delaware limited liability company and is headquartered in New York, New York, operating as an investment subsidiary within the broader Masterworks alternative investment ecosystem.