MASTERWORKS 105 LLC
OOTC:MWXOS6.00
USD
-1.00
(-14.29%)
ISIN
US57642N1037
CUSIP
57642N103
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
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
- Finance/Rental/Leasing
- Address
- New York United States
- Similar Companies
- Business
- Masterworks 105, LLC is an art investment and asset securitization company that acquires, holds, manages, and monetizes blue-chip fine art assets. The company operates as a special purpose vehicle sponsored by Masterworks, LLC, designed to provide individual and institutional investors with fractional economic exposure to high-value artwork. Masterworks 105, LLC focuses primarily on a single underlying masterpiece: a 1985 abstract painting created by renowned British Op art artist Bridget Riley. The company’s core products and services encompass fractional share issuance and equity management under Regulation A of the Securities Act of 1933; artwork acquisition and custody management; fine art asset maintenance, preservation, and climate-controlled storage; comprehensive art insurance underwriting; exhibition, loan, and promotional services for institutional gallery display; proprietary artwork valuation and periodic net asset value reporting; and transaction administration for the eventual liquidity, sale, and distribution of proceeds from the underlying asset. The company holds legal title to the painting through its subsidiary, the 105 Segregated Portfolio of Masterworks Cayman, SPC, while all day-to-day operations, asset administration, and investor relations are managed by its affiliate, Masterworks Administrative Services, LLC. Masterworks 105, LLC serves the alternative investments and asset management industry, primarily targeting self-directed retail investors, accredited investors, and wealth management clients seeking portfolio diversification through physical art assets across the United States. In recent developments, the company fully completed its Regulation A Tier 2 equity offering of 158,200 Class A ordinary shares priced at $20.00 per share, raising an aggregate gross consideration of approximately $3.16 million to finalize the acquisition and financing of the 1985 Bridget Riley painting. Following the completion of the public subscription, the company enabled secondary trading for its Class A shares under the ticker symbol MWXOS across alternative trading platforms and OTC markets. Furthermore, the company has regularly filed current and periodic reports with the U.S. Securities and Exchange Commission, including updated net asset value appraisals, and submitted a Form 1-Z exit report to conclude its reporting requirements under Regulation A. Masterworks 105, LLC was founded on November 17, 2021, and is headquartered in New York, New York.