# EDGAR Filing Document

**Accession Number:** 0001958941
**File Stem:** 0001493152-23-005678
**Filing Date:** 2023-2
**Character Count:** 6574
**Document Hash:** 7f228b96ab9ee4acd8c2334742c404c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-005678.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001493152-23-005678

**CONFORMED SUBMISSION TYPE**: 1-U

**PUBLIC DOCUMENT COUNT**: 10

**CONFORMED PERIOD OF REPORT**: 20230221

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20230221

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Masterworks 222, LLC
- **CENTRAL INDEX KEY:** 0001958941
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-RETAIL STORES, NEC [5990]
- **IRS NUMBER:** 884351577
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-U
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00774
- **FILM NUMBER:** 23649158

**BUSINESS ADDRESS:**
- **STREET 1:** 225 LIBERTY STREET
- **STREET 2:** 29TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281
- **BUSINESS PHONE:** 2035185172

**MAIL ADDRESS:**
- **STREET 1:** 225 LIBERTY STREET
- **STREET 2:** 29TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 1-U**

**CURRENT REPORT**

Pursuant to Regulation A of the Securities Act of 1933

**February 21, 2023**

Date of Report: (Date of earliest event reported)

**MASTERWORKS 222, LLC**

(Exact name of issuer as specified in its charter)

---

| | |
|:---|:---|
| **Delaware** | **88-4351577** |
| State of other jurisdiction of | (I.R.S. Employer |
| incorporation or organization | Identification No.) |

---

**225 Liberty Street, 29th Floor, New York, NY 10281**

(Full mailing address of principal executive offices)

**(203) 518-5172**

(Issuer's telephone number, including area code)

**www.masterworks.com**

(Issuer's website)

**Class A Ordinary Shares**

(Securities issued pursuant to Regulation A)

**Item 9. Other Events**

A copy of materials used on www.masterworks.com relating to the Issuer's ongoing offering of Class A Ordinary Shares pursuant to Regulation A of the Securities Act of 1933, as amended, is attached to the Form 1-U as Exhibit 15(b) and a copy of the transcript of the promotional video embedded in such materials is attached to the Form 1-U as Exhibit 99.1.

**Safe Harbor Statement**

This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled "Risk Factors" in our most recent Offering Circular filed with the Securities and Exchange Commission ("SEC"), as such factors may be updated from time to time in our periodic filings and offering circular supplements filed with the SEC, which are accessible on the SEC's EDGAR website. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

**Exhibit Index**

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| | |
|:---|:---|
| Exhibit No. | Description of Exhibit |
| 15(b) | [Website materials.](ex15-b.htm) |
| 99.1 | [<u>Promotional video transcript.</u>](ex99-1.htm) |

---

**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | MASTERWORKS 222, LLC | MASTERWORKS 222, LLC |
|  | By: | */s/ Joshua B. Goldstein* |
|  | Name: | Joshua B. Goldstein |
|  | Title: | General Counsel |
| Date: February 21, 2023 |  |  |

---

## Add

**Exhibit 15(b)**

![](ex15b_001.jpg)

![](ex15b_002.jpg)

![](ex15b_003.jpg)

![](ex15b_004.jpg)

![](ex15b_005.jpg)

![](ex15b_006.jpg)

![](ex15b_007.jpg)

## Add

**Exhibit 99.1**

Hi everyone,

My name is Michael Jerch and I am a Specialist here on the Masterworks acquisitions team. We are excited to present a new painting by the well-known contemporary Japanese artist, Yayoi Kusama.

In 2022, the Hirshhorn Museum in Washington D.C. mounted a survey of the artist's work titled "One with Eternity," which opened in April and ran through the end of November. And recently, fashion house Louis Vuitton unveiled "CREATING INFINITY: THE WORLDS OF LOUIS VUITTON AND YAYOI KUSAMA," their latest collaboration with Yayoi Kusama on display at flagship stores around the world.

In 2021, Kusama's total auction turnover totaled nearly $180 million, ranking her tenth among all artists and making her the most successful female artist in the world in terms of annual auction turnover.

To provide investment quality offerings by the artist, our acquisitions team has reviewed over 430 examples of Kusama's work from around the world, with a number of works priced in excess of $5 million.

Completed in 1998, the current offering is a vibrantly blue, small-scale example from Kusama's iconic "Infinity Nets" series. Works from the series consist of intricate, looping brushstrokes meant to visually represent the concept of infinity.

As of February 2023, small-scale, colorful "net" examples executed between 1997 to 2000 have achieved auction prices in excess of $250,000. Recent examples include: "Original Infinity Nets" (2000), which sold for just under $650,000 at New Art Est-Ouest Auctions Co. in Tokyo, Japan in October of 2021, "Nets 37" (1998), which sold for $500,000 at Christie's, New York in May of 2021, and "Nets 55" (1997), which is smaller than the Painting but features a predominantly blue palette, sold for $250,000 at Sotheby's, London in March of 2022.

Between June 2004 to May 2021, auction sales of similar works to our offering have increased at an estimated annualized appreciation rate of 23.8%. Between October 1992 to September 2022, the record auction price for Kusama's works has grown at a compound annualized rate of 25.4%.