Legal

Important Disclosures

Last updated: May 1, 2026

These disclosures are provided in accordance with Rule 251 et seq. of Regulation A, Rule 482 under the Securities Act, FINRA Rule 2210, and the SEC Marketing Rule (Investment Advisers Act Rule 206(4)-1). Capitalized terms have the meaning ascribed in the relevant Offering Circular.

1. General

InvestArt, LLC ("InvestArt") is the sponsor of art-backed series LLCs (each, an "Issuer"). Securities of each Issuer are offered pursuant to a Regulation A, Tier 2 offering statement on Form 1-A qualified by the U.S. Securities and Exchange Commission ("SEC"). The SEC has not made an independent determination that the securities offered are exempt from registration. Qualification by the SEC does not imply that the SEC has passed upon the merits of, or given its approval to, any securities, terms of the Offering, or accuracy or completeness of any Offering Circular.

2. Forward-Looking Statements

Statements regarding expected appreciation, anticipated holding periods, target IRRs, projected sale proceeds, and the InvestArt Composite Index are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Actual results may differ materially due to market conditions, illiquidity, authentication and provenance issues, taxes, transaction costs, and force-majeure events.

3. Risk Factors (Summary)

  • Illiquidity. Shares are not listed on a national exchange. The Trading Market provides limited secondary liquidity and may be suspended at any time.
  • Single-asset concentration. Each Issuer holds a single artwork. Loss, damage, theft, condition deterioration, or attribution disputes can result in total loss of capital.
  • Market risk. Auction and private-sale prices for blue-chip art are volatile and influenced by macroeconomic conditions, taste cycles, and currency fluctuations.
  • Holding period. Target hold of 3–10 years; Issuers may sell earlier or later, and you may be unable to exit at NAV.
  • Conflicts of interest. InvestArt and InvestArt Advisers select assets, set fees, and control sale timing.
  • Custody and insurance. Works are stored at climate-controlled, museum-grade facilities and insured at appraised value; coverage may be inadequate in catastrophic loss events.
  • Tax. Investors receive a Schedule K-1; collectibles are taxed at a maximum federal rate of 28% on long-term capital gains under IRC §1(h)(4).

For the complete risk factor disclosure, review the "Risk Factors" section of the relevant Offering Circular available here or on the SEC's EDGAR website.

4. Fees and Expenses

  • Annual management fee. 1.50% of the equity value of each series, payable in additional Class A shares (in-kind), charged by InvestArt Advisers, LLC.
  • Performance allocation. 20% of the net proceeds upon sale of the underlying artwork, payable to the Administrator.
  • True-up sourcing fee. Up to 11% of the offering size, disclosed line-item in each Offering Circular.
  • Trading Market spread. Set by counterparties; InvestArt does not charge a commission on secondary trades.

5. Performance Reporting Methodology

"Net Realized Return" reflects the annualized internal rate of return ("IRR") on exited Offerings, net of all management fees and performance allocations, calculated on a dollar-weighted basis using actual cash flows between investors and the Issuer. Returns from unrealized investments are excluded. Past performance is not indicative of future results. Individual investor returns may differ based on entry price, secondary-market activity, and tax position.

6. Price Database

The InvestArt Price Database aggregates publicly reported auction results from over 60 auction houses worldwide. Hammer prices include buyer's premium where reported. Data is provided "as is" for informational and research purposes only and does not constitute an appraisal under USPAP.

7. No Solicitation in Restricted Jurisdictions

The Offerings are not directed to any person in any jurisdiction where such offer or solicitation would be unlawful. Securities are offered only to U.S. persons and to non-U.S. persons in compliance with Regulation S.

8. Broker-Dealer Relationships

Securities are offered through Dalmore Group, LLC, member FINRA/SIPC. Secondary trading is facilitated by North Capital Private Securities Corporation, member FINRA/SIPC. SIPC protection does not cover declines in market value of securities.

9. Contact

For copies of any Offering Circular, the InvestArt Advisers Form ADV, or the Form ADV Part 2A brochure, contact investorrelations@investart.com.