on Artmarket.com (EPA:PRC)
Ehrmann Family Increases Stake in Artmarket.com Amid "AI-First" Transformation
Artmarket.com has announced that the Ehrmann family, led by Founder and CEO Thierry Ehrmann, will increase their equity stake in the company. This move reaffirms their confidence in Artprice by Artmarket.com's "AI-First" transformation. Substantial investments support this growth, focusing on proprietary AI solutions such as "Intuitive Art Market ©" and "Blind Spot ©".
The acquisition of additional shares will be conducted within legal frameworks, with all regulatory disclosures filed with the AMF. The Ehrmann family's commitment is demonstrated through Nadège Ehrmann's share purchases, exceeding statutory thresholds and fully compliant with EU regulations.
This initiative underscores the family's strategic vision for Artprice's future, distinguishing the transactions from a takeover bid or squeeze-out offer. The family emphasizes transparency and responsibility as custodians of Art Market memory, driven by AI's evolving role.
R. E.
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