• Masterworks 234 plans to roll up into a Delaware series LLC structure on or around May 31, 2026.
• Investors will exchange Class A Ordinary Shares for shares in a newly formed series with the same assets, obligations, governance, capitalization, ownership.
• Transaction is expected to leave investor rights unchanged, with no costs to investors and no anticipated tax impact.
• Masterworks does not expect a material effect on secondary trading.

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 234 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: 0001493152-26-026171), on May 29, 2026, and is solely responsible for the information contained therein.