Masterworks Vault 3 agrees to sell Kusama artwork for $550,000 net
MASTERWORKS VAULT 3 LLC
MASTERWORKS VAULT 3 LLC MWKVS | 0.00 |
- Masterworks Vault 3 disclosed a definitive agreement dated May 12, 2026 to sell its sole asset, a Yayoi Kusama artwork, to an undisclosed buyer for USD 550,000 net of fees and commissions.
- Title will transfer only once full payment is received, leaving completion of transaction subject to buyer funding.
- Upon closing, Series 474 expects to use sale proceeds to cover liabilities and expenses, distribute remaining liquidation proceeds to shareholders of record, then wind up and dissolve.
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 Vault 3 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: 0001493152-26-023532), on May 15, 2026, and is solely responsible for the information contained therein.
