SEC Company Response from Masterworks 010, LLC (CIK 0001806902) — May 5, 2020
Masterworks 010, LLC (CIK 0001806902)
Date: May 5, 2020 · CIK: 0001806902 · Accession: 0001493152-20-007748
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File numbers found in text: 024-11189
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CORRESP
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filename1.htm
MASTERWORKS
010, LLC
497
Broome Street
New
York, New York 10013
Phone:
(203) 518-5172
May
5, 2020
Office
of Trade & Services
Division
of Corporation Finance
Securities
and Exchange Commission
100
F. Street, N.E.
Washington,
D.C. 20549
Re:
Masterworks
010, LLC
Offering
Statement on Form 1-A
Filed
April 6, 2020
File
No. 024-11189
Acceleration
Request
Requested
Date: May 8, 2020
Requested
Time: 9:00 AM Eastern Time
Dear
Sir or Madam:
Masterworks
010, LLC (the “Company”) hereby requests that the Securities and Exchange Commission (the “Commission”)
take appropriate action to declare the above-captioned Offering Statement on Form 1-A qualified at the “Requested Date”
and “Requested Time” set forth above or as soon thereafter as practicable.
The
Company hereby authorizes Josh Goldstein, inhouse legal counsel, and or Craig D. Linder, who is an attorney with the Company’s
outside legal counsel, Anthony L.G., PLLC, to orally modify or withdraw this request for acceleration.
The
Company hereby acknowledges that:
●
should
the Commission or the staff of the Commission, acting pursuant to delegated authority, declare the filing qualified, it does
not foreclose the Commission from taking any action with respect to the filing;
●
the
action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing qualified, does not
relieve the Company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and
●
the
Company may not assert the staff comments and the declaration of qualification as a defense in any proceeding initiated by
the Commission or any person under the federal securities laws of the United States.
The
Company also agrees that it will only sell shares of its Class A ordinary shares pursuant to the subject Offering Statement in
states where the offering is registered or where there is an applicable exemption from the applicable state’s securities
law available.
Securities and Exchange Commission
May 5, 2020
Page 2
The
Company requests that it be notified of such qualification by a telephone call to Josh Goldstein at (646) 263 6995 or email to
him at: jgoldstein@masterworks.io.
Very
truly yours,
MASTERWORKS
010, LLC
By:
/s/
Joshua B. Goldstein
Joshua
B. Goldstein
General
Counsel and Secretary