Wheels Up receives NYSE continued listing standard notice

Wheels Up (UP) announced it received a notice from the NYSE on April 22 because the average closing price of its common stock did not exceed $1 over a 30 consecutive trading-day period. The company has six months to regain compliance. Wheels Up intends to regain compliance and will seek stockholder approval at its June 10 annual meeting to authorize a reverse stock split to cure the deficiency, unless it has otherwise regained compliance.