ART SHARE 002 S.A, the sole holder of the iconic artwork
From GlobeNewswire:
Art Share 002 S.A. will become the first ever art listing on the ARTEX Stock Exchange, allowing for investment and trading in the new asset class. They have launched an initial offer for its Class B redeemable shares and the share will be traded as “BAC1EU”. The shares will be offered at an aggregate valuation in the EUR equivalent of USD 55 million. The offering is being made by way of a placement to qualified and/or institutional investors. They will also be accessible for secondary market trading to the public and are designed to democratize access to a great masterpiece by Francis Bacon: ‘Three Studies for Portrait of George Dyer, 1963’.
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