Business
Wheels Up Receives NYSE Continued Listing Standard Notice
Wheels Up Experience Inc. (NYSE: UP) ("Wheels Up") today announced that it received a notice from the New York Stock Exchange ("NYSE") on December 17, 2025 stating that the average closing price per share of its common stock did not equal at least $1.00 over a consecutive 30 trading-day period, which is required for continued listing on the NYSE.
About this update from Wheels Up Experience Inc.
[{"type":"text","content":"Management remains focused on multi-year business transformation, including its fleet transition, efficiency, productivity and overhead cost reduction efforts, and leveraging its partnership with Delta Air Lines to deliver premium solutions for every customer journey","length":267,"tagName":"p","attribs":{}},{"type":"text","content":"ATLANTA, Dec. 19, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) ("Wheels Up") today announced that it received a notice from the New York Stock Exchange ("NYSE") on December 17, 2025 stating that the average closing price per share of its common stock did not equal at least $1.00 over a consecutive 30 trading-day period, which is required for continued listing on the NYSE.","length":407,"tagName":"p"},{"type":"image","alt":"Wheels Up (PRNewsfoto/Wheels Up)","displaySize":"","headline":null,"caption":"Wheels Up (PRNewsfoto/Wheels Up)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":236,"url":"https://media.zenfs.com/en/prnewswire.com/a6acad0349927d2504f4c372a02b4d30"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1xRw2tsE3XGjiTO0HBDl0A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQxNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/a6acad0349927d2504f4c372a02b4d30","width":400,"height":236}},"href":"https://mma.prnewswire.com/media/1776408/Wheels_Up_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Wheels Up remains committed to execution of its multi-year business transformation, including advancing its fleet transition to Bombardier Challenger 300 series and Embraer Phenom 300 series jets, its previously announced efficiency, productivity and overhead cost reduction actions expected to deliver approximately $70 million of annualized run-rate cost savings upon completion beginning in mid-2026, and leveraging its first-of-its-kind partnership with Delta to deliver premium solutions for every customer journey. Receipt of the NYSE notice does not affect Wheels Up's plans to execute its strategic initiatives, its objective to build a resilient business model to support sustainable future profitability, or its ability to serve its members and customers.","length":774,"tagName":"p"},{"type":"text","content":"The NYSE's notice has no immediate effect on the listing of Wheels Up's common stock...