MASTERWORKS 170 LLC
OOTC:MWSXS8.00
USD
+0.10
(+1.27%)
ISIN
US57653U1034
CUSIP
57653U103
Return %
Stock
S&P 500
1Y
- -
13.14
3Y
- -
80.78
5Y
- -
67.74
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 170, LLC is a specialized art investment holding company and special purpose vehicle formed to acquire, hold, manage, and ultimately divest a single blue-chip fine art asset, specifically an original artwork created by contemporary artist Dana Schutz. The company operates within the alternative asset and fine art securitization sector of the financial services industry, offering retail and institutional investors indirect fractional economic exposure to high-value visual artwork. Through its securitized equity structure, the company provides investment products and asset stewardship services consisting of Class A ordinary shares representing fractional limited liability company interests; fine art asset custody and collection management services, encompassing professional museum-grade climate-controlled storage, comprehensive all-risk insurance coverage, condition monitoring, and provenance verification; administrative, accounting, and investor relations services coordinated via its external manager, Masterworks Administrative Services, LLC; and secondary trading liquidity facilitation through share quotations on the OTC Markets under the ticker symbol MWSXS as well as on the Masterworks secondary bulletin board. The company serves individual retail investors, high-net-worth collectors, and wealth managers seeking alternative asset diversification and non-correlated art market exposure across the United States and international markets. Masterworks 170, LLC was formed in 2022 under the laws of the State of Delaware and is headquartered in New York, New York, operating as a sponsored investment vehicle of its parent platform, Masterworks, LLC. In recent developments, Masterworks 170, LLC completed the qualification and full distribution of its Tier 2 Regulation A public offering, subsequently listing and trading its Class A equity shares on the OTC Markets. Over the last two years, the company has maintained continuous operational compliance through periodic financial reporting with the U.S. Securities and Exchange Commission, including Form 1-K annual and Form 1-SA semiannual filings, while actively tracking global contemporary art market benchmarks, auction transaction data, and private sale valuations to identify optimal long-term liquidity and artwork divestment opportunities for shareholders.