Wheels Up Investors Extend Share Lock-Up, Boosting Stability

Wheels Up Experience ( (UP) ) has provided an update.

Wheels Up Experience Inc. has announced that its lead investors and certain additional investors have agreed to a one-year extension of the lock-up period for a substantial portion of their shares, ensuring that approximately 97.2% of the shares will remain restricted until September 20, 2025. This move underscores investor confidence and supports the company’s strategic plan, reinforcing Wheels Up’s commitment to growth and stability in the private aviation industry. Concurrently, the company has made regulatory filings detailing this lock-up extension.

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