Company: UP
Filing Date: 2025-08-29
Form Type: 424B5
Source: 0001104659-25-085149
Chunk: 29

Company: Wheels Up Experience Inc.
Filing Date: 2025-08-29
Form: 424B5
Chunk 29
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 will
be disclosed in a prospectus supplement.

Investing in our securities involves a high degree of risk. Before making a decision to invest in our securities, you should carefully consider the risks described under the section entitled “ Risk Factors” beginning on page 5 of this prospectus and those included under the same title in our most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other documents filed by us with the Securities and Exchange Commission, including any risks described in any accompanying prospectus supplement.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is January 10, 2025

CONTENTS</div>

| ABOUT THIS PROSPECTUS                          |  1 |
| TRADEMARKS, SERVICE MARKS AND TRADE            
 NAMES                                          |  2 |
| CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING 
 STATEMENTS                                     |  3 |
| SUMMARY                                        |  4 |
| RISK FACTORS                                   |  5 |
| USE OF PROCEEDS                                |  6 |
| DESCRIPTION OF OUR COMMON STOCK                |  7 |
| DESCRIPTION OF PREFERRED STOCK                 | 14 |
| DESCRIPTION OF DEBT SECURITIES                 | 15 |
| DESCRIPTION OF OUR WARRANTS                    | 24 |
| DESCRIPTION OF UNITS                           | 31 |
| OWNERSHIP OF SECURITIES                        | 32 |
| PLAN OF DISTRIBUTION                           | 35 |
| LEGAL MATTERS                                  | 37 |
| EXPERTS                                        | 37 |
| WHERE YOU CAN FIND MORE INFORMATION            | 37 |
| INFORMATION INCORPORATED BY REFERENCE          | 37 |

You should rely only on the information contained in this prospectus, any supplement to this prospectus or in any free writing prospectus, filed with the United States Securities and Exchange Commission (the “SEC”). We have not authorized anyone to provide you with additional information or information different from that contained in this prospectus filed with the SEC. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. You should assume that the information contained in this prospectus and any accompanying prospectus supplement, as well as information that we have previously filed with the SEC, and incorporated by reference, is