Company: UP
Filing Date: 2025-04-25
Form Type: 8-K
Source: 0001819516-25-000014
Chunk: 1

Company: Wheels Up Experience Inc.
Filing Date: 2025-04-25
Form: 8-K
Item: Item 3.01
Chunk 1
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 802.01C at such time that the trading price per share of Common Stock exceeds $1.00 per share and remains above that level for at least the 30 trading-day period thereafter. The Company also may consider various other available options to regain compliance with Section 802.01C.

The Notice has no immediate impact on the listing of the Common Stock on the NYSE. The Common Stock will continue to be listed and trade on the NYSE under the symbol “ UP”, subject to the Company’s compliance with the other NYSE continued listing standards. The symbol for the Common Stock will have an added designation of “. BC” to indicate “below compliance” with the NYSE’s continued listing standards, which will be removed when the Company regains compliance. In addition, the Notice does not affect the Company’s reporting requirements under applicable law and the rules and regulations promulgated by the SEC or result in an event of default under any of the Company’s material debt agreements or other arrangements. There can be no assurance that the Company will be able to regain compliance with Section 802.01C or will not otherwise be delisted from the NYSE before receipt of stockholder approval of the Reverse Stock Split at the Annual Meeting, if at all, and/or the Company is able to complete the Reverse Stock Split, if at all.

Item 7.01 Regulation FD Disclosure.