Wheels Up Announces Investors Agree to One-Year Lock-Up Extension [Yahoo! Finance]
Wheels Up Experience Inc. Class A (UP)
Company Research
Source: Yahoo! Finance
ATLANTA Sept. 23, 2024 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that lead investors, Delta Air Lines, Inc., CK Wheels LLC, and Cox Investment Holdings, LLC, agreed to extend the lock-up restriction with respect to all their shares of common stock issued under the Investment and Investor Rights Agreement, for an additional year, until September 20, 2025. In addition, Kore Capital LLC and funds managed by Whitebox Advisors LLC, agreed to extend the lock-up restriction with respect to 72.5% of their shares until September 20, 2025. As a result, approximately 97.2% of the shares issued under the Investment and Investor Rights Agreement will remain subject to a lock-up restriction until September 20, 2025. "I appreciate the confidence and support of the company's lead investors," said Wheels Up Chief Executive Officer George Mattson . "We believe that this extended commitment by our investors allows us to continue to execute on our strategic plan." Concurre
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News
- Wheels Up Announces Investors Agree to One-Year Lock-Up ExtensionPR Newswire
- Can Wheels Up Founder Kenny Dichter Be The Willy Wonka Of Experiences? [Forbes]Forbes
- Wheels Up Announces Executive Leadership TransitionsPR Newswire
- Wheels Up Experience Inc. (UP) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Wheels Up Announces Gregory Summe to Join Board of Directors [Yahoo! Finance]Yahoo! Finance
UP
Earnings
- 11/9/23 - Miss
UP
Sec Filings
- 9/24/24 - Form SC
- 9/23/24 - Form SC
- 9/23/24 - Form SC
- UP's page on the SEC website