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Browse: Home / 2023 / June / 23 / An IPO for a Painting? This $55 Million Masterpiece Is Going Public – WSJ

An IPO for a Painting? This $55 Million Masterpiece Is Going Public – WSJ

By Securities Docket on June 23, 2023, 7:48 am

A company named Artex is launching a roughly $55 million initial public offering of Bacon’s “Three Studies for a Portrait of George Dyer,” painted shortly after the couple met in 1963. Shares in the portrait will be sold for around $100 a piece and will list on a specially created art stock exchange based in Liechtenstein, giving regular investors the ability to buy and sell shares in a famous artwork on a stock exchange for the first time.

Source: An IPO for a Painting? This $55 Million Masterpiece Is Going Public – WSJ

Posted in Industry, Top | Tagged Art, IPOs

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