Wheels Up Experience Inc. Receives NYSE Notice of Non-Compliance

Wheels Up Experience Inc. received a notice from the NYSE on December 17, 2025, stating that it is not in compliance with the requirement of maintaining an average closing share price of at least $1.00 over a 30-trading-day period. The company has a six-month cure period to regain compliance. Wheels Up intends to regain compliance by executing a potential reverse stock split, a measure previously approved by stockholders, which would require further Board approval. The stock will continue to trade under the symbol "UP" but with a ".BC" designation indicating non-compliance. This notice does not immediately impact the company's operations or other listing standards, and Wheels Up is exploring other options to meet the NYSE requirements.