RSE Archive, LLC
Form Type: 1-U
Filing Date: 2025-01-06
Corporate Action: Liquidation
Type: Update
Accession Number: 000176812625000001
Comments: On December 7, 2024, RSE Archive, LLC sold the 2018 Bowman Shohei Ohtani Pitching Rookie Card from Series #OHTANI1 for $78,400, compared to the initial offering price of $90,000. Additionally, the company sold the 2018 Bowman Shohei Ohtani Batting Rookie Card from Series #OHTANI2 for $97,440, against an initial offering price of $73,000. The asset manager has been appointed as liquidator, tasked with distributing the remaining cash assets to the Series members after accounting for taxes and liabilities. The manager intends to wind up the Series as it no longer has any assets or liabilities.
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Additional details:
Sale Price: 78400
Initial Offering Price Ohtani1: 90000
Sale Price Ohtani2: 97440
Initial Offering Price Ohtani2: 73000
Liquidator Appointed: true
Form Type: 1-U
Filing Date: 2025-01-06
Corporate Action: Liquidation
Type: New
Accession Number: 000176812625000002
Comments: On January 6, 2025, RSE Archive, LLC reported the sale of the 2019 Hermès 20cm Sellier Faubourg Blue Multicolor Birkin with Palladium Hardware, the Underlying Asset for Series #FAUBOURG2, for $180,000.00, which exceeds the Series’ initial offering price of $165,000.00. Following this transaction, the asset manager of the Series has been appointed as liquidator and is responsible for distributing all remaining cash assets of the Series to its members after settling taxes and other liabilities. Importantly, the liquidator will not withhold any distributions for taxes related to the sale's gains for individual members. Upon completion of the distribution, the manager plans to terminate and dissolve the Series due to the absence of any remaining assets or liabilities.
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Additional details:
Date Of Sale: 2024-12-14
Sale Price: 180000
Initial Offering Price: 165000
Type Of Asset: 2019 Hermès 20cm Sellier Faubourg Blue Multicolor Birkin
Liquidator Appointed: asset manager of the Series
Distribution Method: cash distribution after liabilities
Termination Intent: terminate and wind up the Series
Form Type: 1-U
Filing Date: 2025-01-06
Corporate Action: Liquidation
Type: New
Accession Number: 000176812625000003
Comments: On December 23, 2024, RSE Archive, LLC completed the sale of the 2003-2004 Upper Deck Exquisite Collection Limited Logos #KB Kobe Bryant Signed Game Used Patch Card for $43,500, which was below the initial offering price of $50,000. Following this sale, the asset manager of the Series was appointed as liquidator. This individual is responsible for distributing the remaining assets of the Series, which consist solely of cash, to the members after accounting for taxes and other liabilities. Importantly, the liquidator has confirmed that no tax withholdings will be made on individual member distributions related to the gain on the card's sale. Once the distribution payments are made, the manager intends to wind up and terminate the Series due to the absence of further assets or liabilities.
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Additional details:
Date Of Sale: 2024-12-23
Sale Price: 43500
Initial Offering Price: 50000
Remaining Assets: cash
Liquidator: asset manager of the Series
Intended Action: terminate and wind up the Series
Reason For Termination: no longer has any assets or liabilities