• Masterworks 216 plans to reorganize around May 31, 2026, rolling the entity into a Delaware series LLC structure.
• Assets, rights, obligations will move into a distinct series; investors will hold shares in the new series instead of the current entity.
• Management, capitalization, share ownership are expected to remain unchanged; the reorganization is not expected to materially affect investor rights or value.
• No investor costs are expected; no tax impact is anticipated; secondary market trading is not expected to see a material effect.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Masterworks 216 LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-026153), on May 29, 2026, and is solely responsible for the information contained therein.