ART SHARE 002 S.A, the sole holder of the iconic artwork from Francis Bacon 'Three Studies for Portrait of George Dyer, 1963' launches the initial offering of its Class B Shares at a price in EUR equivalent of USD 100 per Class B Share.
The Offering consists of a minimum of 412,500 Class B Shares corresponding to 75% of all Class B Shares, and a maximum of up to 550,000 Class B Shares, at a fixed price in EUR equivalent to USD 100 per Class B Share.
- The Offering consists of a minimum of 412,500 Class B Shares corresponding to 75% of all Class B Shares, and a maximum of up to 550,000 Class B Shares, at a fixed price in EUR equivalent to USD 100 per Class B Share.
- The Class B Shares will be offered at an aggregate valuation in EUR equivalent of USD 55 million.
- Closing of the Offering and the fixing of the EUR price per Class B Share is expected to take place on 29 February 2024.
- Trading of the Class B Shares on the ARTEX Stock Exchange is expected to start on 8 March 2024.