Legal

Offering Circulars

Last updated: May 1, 2026

Each InvestArt artwork is offered through a separate Delaware series limited liability company (each, an “Issuer”) pursuant to a Regulation A, Tier 2 offering statement on SEC Form 1-A. The Offering Circular forming part of that statement is the controlling disclosure document for the Offering and supersedes any summary information presented elsewhere on this Site.

1. What is in an Offering Circular?

  • Cover page with the offering size, price per share, minimum investment, and use of proceeds.
  • Risk Factors specific to the artwork, the Issuer, the sponsor, and the structure.
  • Plan of Distribution identifying Dalmore Group, LLC (member FINRA/SIPC) as the broker-dealer of record.
  • Description of the Asset: artist, title, year, medium, dimensions, provenance, exhibition history, condition report, and authentication.
  • Description of the Securities (Class A membership interests), distribution waterfall, and transfer restrictions.
  • Management's Discussion and Analysis (MD&A).
  • Audited financial statements of the Issuer.
  • Subscription Agreement and Operating Agreement as exhibits.

2. SEC Qualification

An Offering may be commenced only after the SEC issues a notice of qualification under 17 CFR §230.252. Prior to qualification, InvestArt may "test the waters" pursuant to Rule 255; any indication of interest is non-binding and creates no obligation to buy or sell securities.

3. Where to Read the Documents

All current and historical InvestArt Offering Circulars, post-qualification supplements (Form 253(g)(2)), annual reports on Form 1-K, semi-annual reports on Form 1-SA, and current reports on Form 1-U are available free of charge on the SEC's EDGAR system:

Search "InvestArt" on EDGAR →

4. Recently Qualified Offerings

Series #142Jean-Michel Basquiat

Untitled (Boxer), 1982

$8,400,000

Form 1-A/A

Series #138Banksy

Girl with Balloon, 2006

$3,950,000

Form 1-A POS

Series #131Yayoi Kusama

Infinity Nets (OQABT), 2007

$2,180,000

Form 1-A/A

Series #127Cecily Brown

The Quarrel, 2003

$4,600,000

Form 1-A/A

Series #119George Condo

The Manic Banker, 2010

$1,725,000

Form 1-A POS

5. Important Notice

YOU SHOULD CAREFULLY REVIEW THE RELEVANT INVESTART OFFERING CIRCULAR, INCLUDING THE "RISK FACTORS" SECTION, BEFORE DECIDING TO INVEST. No offer to buy securities can be accepted, and no part of the purchase price can be received, until the offering statement has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation, at any time before notice of acceptance.

See also: Important Disclosures, Form ADV Part 2A.