{"filings":[{"id":973076,"accession_number":"0001628280-26-042215","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-06-10T20:16:32+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve LTIP amendment increasing share reserve by 125%, extending plan to 2036","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Approved LTIP amendment: share pool increased from 3,007,484 to 6,757,484 (post-split), plan termination extended to March 31, 2036.","Elected four Class II directors: Andrew Davis, Roger Farah, George Mattson, Gregory Summe, each with >99% of votes cast.","Advisory vote on 2025 named executive officer compensation passed: 504.7M for, 2.9M against, 167K abstentions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":759198,"accession_number":"0001628280-26-039275","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-06-01T10:56:21+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Wheels Up closes $100M unsecured term loan with 12% PIK interest; matures 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Received $100M on May 29 from Delta, Cox, and CK Wheels; proceeds for working capital, fleet expansion, and debt repayment.","Interest accrues at 12% per annum, payable in kind (PIK) quarterly; optional cash payment.","Maturity is earliest of May 29, 2029, default acceleration, or 91 days before 2023 credit maturity (Sept 2028).","Amendment No. 4 permits new loan and reflects $68M Series B Revolving Equipment Notes closed May 21, 2026.","Post-funding, Delta owns ~36.3%, CK Wheels ~35.6%, Cox ~11.9% of Class A common stock (36.26M shares outstanding)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":649036,"accession_number":"0001104659-26-065982","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-05-26T10:57:34+00:00","items":["1.01","8.01","2.03","7.01","9.01"],"status":"ready","headline":"Delta extends lock-up on 35.6% stake through May 2027; Wheels Up closes $68M equipment facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Delta extended lock-up on all its shares of Wheels Up common stock through May 22, 2027; shares represent ~35.6% of outstanding.","Closed $68M Series B Revolving Equipment Notes Facility, net proceeds ~$64.3M.","Total borrowing capacity under Revolving Equipment Notes Facilities increased to $400M.","Interest rate 5.97% per annum; proceeds for fleet expansion and working capital.","Company continues to pursue $100M unsecured term loan from Lead Lenders, expected to close in Q2 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":14003,"accession_number":"0001628280-26-033578","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-05-11T20:33:28+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Wheels Up secures $100M unsecured term loan from Delta-led group; Q1 results released","summary_kind":"llm","event_type":"debt","confidence":"medium","bullets":["Delta, Cox and CK Wheels commit to $100M unsecured term loan; expected close Q2 2026.","Loan matures earlier of 3 years from closing or 91 days before existing credit maturity; interest PIK.","Proceeds for working capital, transaction costs, and general corporate purposes.","Q1 2026 results announced but no specific financial figures included in this filing (shareholder letter referenced).","Incremental facility up to an additional $100M available from new or existing lenders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95775,"accession_number":"0001628280-26-028101","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Wheels Up retires legacy jet fleets 18 months early; now operates only Phenom 300 and Challenger 300","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Transitioned legacy Citation X and Hawker 400XP jets out of revenue service 18 months ahead of schedule.","Fleet now exclusively Phenom 300 and Challenger 300 series for programmatic membership offerings.","CEO George Mattson cites higher customer satisfaction ratings from the new fleet.","Legacy member commitments will be fulfilled via safety-vetted third-party partner operators.","Ongoing access to charter solutions and strategic partnership with Delta Air Lines."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95774,"accession_number":"0001628280-26-027641","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-04-27T23:59:59+00:00","items":["1.01","5.03","3.03","8.01","9.01"],"status":"ready","headline":"Wheels Up implements 1-for-20 reverse stock split; authorized shares cut to 75M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-20 ratio effective after market close on April 24, 2026.","Authorized Class A common shares reduced from 1.5 billion to 75 million.","Warrants adjusted: each warrant now exercisable for 1/200th of a share at $2,300 exercise price.","Warrants continue to expire on July 13, 2026, subject to earlier exercise or redemption.","LLC agreement and unit holdings of Wheels Up Partners Holdings LLC adjusted proportionally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95773,"accession_number":"0001628280-26-027000","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-04-24T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Delta CFO Erik Snell joins Wheels Up board; Armstrong to retire, Farah nominated","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Timothy Armstrong will retire from board at 2026 annual meeting; will not stand for reelection.","Dan Janki resigned effective April 22; replaced by Erik Snell, Delta's EVP and CFO.","Snell previously served on Wheels Up board from 2021 to 2023 and was President of Delta Private Jets.","Board expects to nominate Roger Farah, former Tiffany chairman, for election to succeed Armstrong.","Changes reflect continued strategic partnership with Delta Air Lines."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95772,"accession_number":"0001628280-26-024998","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["8.01","5.07","9.01"],"status":"ready","headline":"Wheels Up approves 1-for-20 reverse stock split to regain NYSE compliance","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved Reverse Stock Split at ratio of 1-for-20; effective after NYSE close on April 24, 2026.","Outstanding shares reduced from ~725M to ~36M; authorized shares cut from 1.5B to 75M.","Company expects to regain NYSE listing compliance and qualify for Russell 3000 inclusion.","Warrants adjusted: each warrant becomes exercisable for 1/200th of a share at $2,300.00 per whole share.","Fractional shares settled in cash at closing price on effective date; no change to ticker symbol 'UP'."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109069,"accession_number":"0001628280-26-009473","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2026-02-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Wheels Up Q4 2025: first-ever positive Adjusted EBITDAR; net loss improves","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Q4 2025 marked first positive Adjusted EBITDAR in company history, per investor letter.","Net loss improved significantly year-over-year; operational reliability reached record levels.","Fleet modernization, Signature Membership, and Delta partnership cited as commercial momentum drivers."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":736495000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125546,"accession_number":"0001628280-25-058631","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-12-23T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Wheels Up enters $105M sale-leaseback for 10 aircraft; net proceeds ~$40M for fleet expansion","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale-leaseback of 3 Challenger 300s and 7 Phenom 300s for ~$104.7M; closes by Dec 31, 2025.","Net cash proceeds of ~$39.4M to balance sheet after repaying ~$65M debt under revolving equipment notes facility.","Proceeds and incremental borrowing capacity to fund planned 2026 acquisitions of additional Challenger and Phenom aircraft.","Company has acquired or agreed to acquire 10 additional aircraft in Q4, supporting Signature membership growth.","First Phenom 300 equipped with Gogo Galileo HDX satellite Wi-Fi enters service; fleet-wide upgrade underway."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125545,"accession_number":"0001628280-25-058340","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-12-19T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Wheels Up receives NYSE non-compliance notice for sub-$1.00 stock price; plans reverse split","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NYSE notified Wheels Up on Dec 17, 2025 that average closing price was below $1.00 over 30 consecutive trading days.","Company has six-month cure period to regain compliance; intends to use a reverse stock split (1-for-5 to 1-for-20) if needed.","Stockholders authorized the reverse split at June 2025 annual meeting; Board has not yet approved the split.","Business transformation continues: fleet transition to Challenger 300 and Phenom 300 and $70M annualized cost savings targeted by mid-2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125544,"accession_number":"0001628280-25-049229","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Wheels Up Q3: fleet modernization accelerates, cost savings target raised to $70M run-rate by Q1 2026","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Productivity initiatives now targeting $70M+ annual run-rate cost savings, exceeding original $50M goal; full benefit by Q3 2026.","Fleet modernization: Phenom 300 becomes largest fleet type in revenue service; Challenger fleet reaches programmatic scale.","Record corporate Membership Fund sales driven by Delta partnership; Signature membership launch sees strong early adoption.","Management expects Q4 2025 to be best quarter since transformation began; on track for Adjusted EBITDAR positive in 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":552653000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142284,"accession_number":"0001104659-25-091860","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-09-22T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Lead investors extend lock-up on ~85% of Wheels Up shares until May 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lead investors (Delta, CK Wheels, Cox) extend lock-up for all their shares to May 22, 2026.","Additional investors extend lock-up on 29% of their shares to January 2, 2026.","Approximately 85% of total outstanding shares remain under lock-up restrictions.","Investors representing >66.67% of registrable securities extend registration deadline to May 2026.","CEO cites investor confidence in transformation strategy, fleet expansion, and Delta partnership."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142283,"accession_number":"0001104659-25-085165","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-08-29T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Wheels Up establishes $50M ATM equity offering with BofA and Jefferies","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ATM sales agreement to sell up to $50M of Class A common stock at prevailing market prices through agents BofA Securities and Jefferies.","No obligation to sell; sales depend on market conditions and capital needs; each agent receives a commission on gross sales price.","Agreement dated Aug 29, 2025; prospectus supplement filed same day under Registration Statement No. 333-284063.","Company may terminate with one day's notice; common stock trades on NYSE under ticker UP."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142282,"accession_number":"0001819516-25-000042","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Wheels UP files Q2 2025 earnings; exhibit text truncated – no specific figures available","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Company filed press release and investor letter for Q2 2025 ended June 30, 2025.","Press release focuses on more profitable flying and improved financial performance.","Investor letter mentions strategic partnership with Delta and fleet modernization.","Exact revenue, EPS, and other key metrics not provided in the exhibit excerpt."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":367167000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160295,"accession_number":"0001104659-25-060100","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Wheels Up appoints Chief Sales Officer, Chief Growth Officer in leadership restructure","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Briffa promoted to Chief Sales Officer, unifying membership and charter sales.","Meaghan Wells appointed Chief Growth Officer; will oversee commercial strategy, revenue management.","Kristen Lauria expands CMO role to include customer experience.","David Harvey departs as CCO, becomes senior advisor through August 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160294,"accession_number":"0001104659-25-058543","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-06-11T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Wheels Up stockholders approve reverse split authorization, LTIP share increase, executive plans","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Authorized reverse stock split of 1:5 to 1:20 ratio, at board's discretion; proportionate authorized share reduction; no split yet.","LTIP share pool increased by 30M to 60.15M shares; plan termination extended to March 26, 2035.","Approved CCO performance plan for up to 15M shares and CFO plan for up to 12M shares, subject to vesting conditions.","Reelected four Class I directors (Zirkin, James, Janki, Klein) and ratified Grant Thornton LLP as FY2025 auditor.","Advisory say-on-pay passed with ~480.5M votes for; all proposals passed with overwhelming support."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160293,"accession_number":"0001819516-25-000031","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Wheels Up regains NYSE minimum bid price compliance; market cap ~$1B","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Regained NYSE minimum share price compliance under Section 802.01C after prior notice.","NYSE confirmed compliance as of May 30, 2025; average closing price ≥ $1.00 over 30 days.","Stock continues trading on NYSE subject to ongoing compliance.","CEO Mattson: milestone reflects growing investor confidence; market cap ~$1B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160292,"accession_number":"0001819516-25-000023","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Wheels Up extends Delta credit line, announces stock buyback; Q1 results not detailed in filing","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Delta extended its $100M revolving credit facility availability to Sept 20, 2026; commitment unchanged.","Delta beneficially owns 37.7% of Wheels Up common stock; voting cap on shares above 29.9%.","Board authorized a stock repurchase program; no amount or duration disclosed.","Gogo high-speed satellite Wi-Fi installation to begin in summer 2025.","Q1 2025 financial results announced but no specific figures provided in the exhibits."],"consensus_eps_estimate":-2.0806,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":177530000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160291,"accession_number":"0001819516-25-000014","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-04-25T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Wheels Up receives NYSE minimum bid price deficiency notice; proposes reverse stock split","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received NYSE notice on April 22, 2025 for failing to maintain average closing price ≥$1.00 over 30 consecutive trading days.","Has six-month cure period; seeks shareholder approval on June 10, 2025 for reverse stock split at ratio between 1:5 and 1:20.","As of Dec 31, 2024, liquidity of ~$316M ($216M cash + $100M undrawn Delta credit facility).","Stock will trade with '.BC' designation until compliance regained.","Company may also consider other available options to cure the deficiency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178585,"accession_number":"0001819516-25-000011","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Wheels Up names John Verkamp as CFO; adds 18 Phenom jets, first Challengers by April 1","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["John Verkamp appointed CFO, effective March 31, 2025; previously VP/CFO of GE Vernova Gas Power Global Services.","Verkamp base salary $550,000, target annual bonus 100% of salary, plus 20 flight hours/year on King Air 350i.","Wheels Up added 18 Phenom 300E jets to controlled fleet; first Challenger 3500 expected in service by April 1, 2025.","Eric Cabezas transitions from interim CFO back to SVP of Finance; served since February 2019."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195253,"accession_number":"0001104659-24-118340","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-11-14T23:59:59+00:00","items":["1.01","7.01","1.02","2.03","9.01"],"status":"ready","headline":"Wheels Up closes $332M revolving financing facility, acquires 17 Phenom aircraft","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $332M revolving equipment notes facility (initial $331.3M funded) with Bank of America; Delta credit support; maturity 2029.","Acquired 17 Embraer Phenom 300/300E aircraft from GrandView Aviation for ~$95M cash; funded by facility.","Redeemed in full all outstanding 2022 Term Equipment Notes; remaining ~$84.3M net proceeds for general corporate purposes.","Phenom fleet to be introduced into programmatic and charter offerings for peak holiday travel season."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195252,"accession_number":"0001819516-24-000065","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Wheels Up Q3 revenue $194M, net loss narrows to $58M; record adjusted contribution margin 14.8%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $194M, down YoY due to non-core business sales, but stable sequentially; net loss $58M improved $87M YoY.","Adjusted Contribution Margin 14.8% (record as public company), up 380bps YoY and 700bps sequentially.","Adjusted EBITDA loss $20M, improved $17M sequentially; operating cash outflow $15M improved 94% vs $250M last year.","Fleet modernization plan to replace existing jets with Embraer Phenom 300 and Bombardier Challenger 300 series platforms.","New revolving credit facility with Delta Air Lines support expected to strengthen balance sheet and accelerate fleet transition."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":587289000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195251,"accession_number":"0001819516-24-000059","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Wheels Up to acquire 17 Phenom aircraft for $105M, secure $332M revolver with Delta support","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Agreement with GrandView Aviation to buy 17 Embraer Phenom 300/300E aircraft and related assets for $105M.","Bank of America commits up to $332M senior secured revolving credit facility; Delta provides credit support.","Proceeds will fund the acquisition, redeem ~$148.9M existing equipment notes, and add ~$75-115M cash.","Wheels Up to sell all 13 owned Citation X aircraft and lease back to transition to Challenger 300 fleet.","Fleet modernization targets ~10-year average age reduction; Phenom and Challenger fleet complete in ~3 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211507,"accession_number":"0001104659-24-101873","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-09-23T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Wheels Up extends lock-up on 97.2% of investor shares until Sept 20, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lead investors Delta, CK Wheels, CIH extend lock-up on all shares for one additional year.","Kore Capital and Whitebox entities extend lock-up on 72.5% of their shares.","Approximately 97.2% of shares issued under the Investor Rights Agreement now locked until Sept 20, 2025.","Holders of >66.67% of registrable securities extend shelf registration deadline to Sept 20, 2025.","CEO George Mattson cites investor confidence and ability to execute strategic plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211506,"accession_number":"0001819516-24-000050","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-08-21T23:59:59+00:00","items":["5.02","7.01","1.01","9.01"],"status":"ready","headline":"Wheels Up CFO and CLO to depart; interim CFO appointed and new CLO from Delta","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Todd Smith resigns effective Sept 6, 2024; forfeits unvested equity awards.","CLO Laura Heltebran resigns effective Sept 6, 2024; receives $510K lump sum and bonus.","Eric Cabezas, SVP Finance, appointed interim CFO effective Sept 6, 2024.","Matthew Knopf, from Delta Air Lines SVP & Deputy GC, named CLO and Secretary effective Sept 9, 2024.","Alexander Chatkewitz, Chief Accounting Officer since March 2024, appointed principal accounting officer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211505,"accession_number":"0001819516-24-000044","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Wheels Up Q2 2024: Revenue $196M, net loss narrows to $97M, board appoints Summe","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $196M, down 41% YoY; net loss $97M, improved from $160.6M loss.","Adjusted EBITDA loss $37M, improved from $40.3M; contribution margin 7.8%.","Active members 8,268 (-29%); live flight legs 12,855 (-29%).","David Adelman resigned from board; Gregory L. Summe appointed as independent director effective Aug 7, 2024.","Strategic partnership with Delta deepened; King Air and Citation fleets under single FAA certificate."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":393386000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230181,"accession_number":"0001819516-24-000038","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Wheels Up extends Delta partnership to 2029, unveils new member/charter programs with guaranteed availability","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amended CCA with Delta runs through Sep 2029, renews automatically; Delta owns ~37.8% of Wheels Up common stock.","New Membership offers guaranteed availability/recovery in U.S., U.K., Europe; capped peak-day costs.","New Charter program provides pay-as-you-go with 2% flight credit per $50K flown and Diamond Medallion eligibility.","Members can use deposits to buy Delta commercial seats and receive 20% discount on select routes.","CEO George Mattson says streamlined portfolio increases flexibility and value via Delta partnership."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230180,"accession_number":"0001819516-24-000036","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-06-07T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Wheels Up stockholders approve LTIP share increase to 30.1M; CEO/CFO performance awards up to 93M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["LTIP share pool increased from 5.15M to 30.15M shares; plan extended to 2034.","CEO George Mattson granted up to 73M shares in performance award; CFO Todd Smith up to 20M shares.","All four Class III director nominees reelected with >98% votes for each.","EVP Mark Briffa gets new Sales Incentive Award based on Charter Sales Adjusted EBITDA goals for 2024-2026.","Grant Thornton LLP ratified as independent auditor for FY2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230179,"accession_number":"0001819516-24-000034","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-06-07T23:59:59+00:00","items":["9.01","2.01"],"status":"ready","headline":"Wheels Up sells non-core aircraft management business for $19.1M; records $3.0M loss","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold 100% of Circadian Aviation to Executive AirShare on Sept 30, 2023.","Total consideration of $19.1M: $13.2M cash, $4.8M contingent, $0.6M escrow, $0.5M receivable.","Company recognized a $3.0M loss on the sale.","Pro forma financials remove Aircraft Management Business revenue of $120.6M (6mo 2023) and $217.3M (FY 2022).","Divestiture part of strategic focus on operational efficiency and cost reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230178,"accession_number":"0001819516-24-000026","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Wheels Up Q1 revenue down 44% to $197M; net loss improves slightly to $97M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $197M vs $352M YoY; decline driven by exiting aircraft management and sales businesses.","Net loss of $97M, improved from $101M YoY; Adjusted EBITDA loss of $49M flat YoY.","Active members 9,155 (-25% YoY); Live flight legs 11,754 (-24% YoY).","Operational metrics: Completion Rate 98%, On-Time Performance 87% both exceeding goals.","Appointed David Harvey as CCO; plans new flagship maintenance facility at Palm Beach International."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":197101000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230177,"accession_number":"0001819516-24-000018","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Wheels Up appoints Dave Harvey as Chief Commercial Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Harvey to join on or about May 20, 2024, leading commercial strategy and integration.","Former Southwest Chief Sales Officer; increased B2B market share for business travelers.","Appointment part of Wheels Up's push for profitable growth and operational excellence."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":248605,"accession_number":"0001819516-24-000016","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-03-07T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Wheels Up board director resigns; Certares exec Thomas Klein appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeffrey Nedelman resigned from board effective March 1, 2024; no disagreement with company.","Thomas Klein appointed same day to fill vacancy until 2025 annual meeting.","Klein is Senior Managing Director at Certares, former CEO of Sabre Corp (NASDAQ: SABR).","Klein also becomes Chair of the Nominating and ESG Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":248604,"accession_number":"0001819516-24-000009","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-03-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Wheels Up Q4 revenue sinks 40% to $246M; net loss narrows to $81M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $246M, down $162M YoY; net loss $81M, improved from $225M.","Adjusted EBITDA loss improved 13% to $38M from $44M; adjusted contribution $3M vs $19M.","Active members fell 21% to 9,947; live flight legs down 26% to 14,374.","Secured additional $40M capital from Kore Capital and Whitebox Advisors; total new capital $490M.","Introduced UP for Business program jointly sold with Delta; added aviation experience leadership."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":248603,"accession_number":"0001819516-24-000003","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2024-02-05T23:59:59+00:00","items":["5.02","1.01","7.01","9.01"],"status":"ready","headline":"Wheels Up appoints former Delta exec David Holtz as COO, adds several operations leaders","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Holtz appointed COO of Wheels Up Partners effective Feb 5, 2024; base salary $475,000, target bonus 100%, equity target 125% of salary.","Rob Hamilton named SVP – Operations, 25+ years part 135 ops mgmt, leads Member Operations Center.","Pat Busscher SVP Maintenance, 39 yrs at Delta, led maintenance control.","Patrick Burns (SVP Flight Ops, ex-Delta VP) and Todd Wesoloskie (VP Flight Ops, 35 yrs) also appointed.","Al Mann remains VP Safety, Security & Compliance; over 30 yrs experience."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266103,"accession_number":"0001819516-23-000063","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-12-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"CEO Mattson gets amended employment agreement and performance award tied to $390M term loan repayment","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Amended employment agreement grants CEO George Mattson up to 45 hrs/yr mid-cabin and 30 hrs/yr light-cabin aircraft for personal use; unused hours retained.","CEO receives $625K base salary, $1M target annual bonus based on revenue, adjusted EBITDA, and KPIs; 2023 bonus prorated.","Performance Award grants shares of Class A common stock linked to repayment or refinancing of $390M term loan before Sept 20, 2028.","Award vests 25% on each Sept 20 from 2024-2027; shares issued after Repayment Event based on formula using VWAP and investor returns.","Award is not under 2021 LTIP and requires stockholder approval; if not obtained, cash payment substitutes for shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266102,"accession_number":"0001104659-23-119142","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-11-16T23:59:59+00:00","items":["1.01","5.03","3.02","2.03","5.07","3.03","7.01","9.01"],"status":"ready","headline":"Wheels Up closes $40M incremental term loan; lenders now hold ~95% of equity after deferred share issuance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Incremental $40M term loan closed on Nov 15, 2023; total term loan now $390M plus $100M revolver.","Lenders issued additional deferred shares, now holding ~95% of fully diluted equity as of Sept 15, 2023.","New lenders include Kore Capital and funds managed by Whitebox Advisors; join existing lenders Delta, Certares, Knighthead, Cox.","Stockholders approved charter amendments: increase authorized common to 1.5B shares, permit written consent, remove supermajority vote requirement.","CEO expects cash balance flat to up vs Q3, citing stabilization and proceeds from new term loan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266101,"accession_number":"0001819516-23-000055","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Wheels Up Q3 revenue down 24% to $320M; secures $450M Delta-led capital; names new CEO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $320M, down 24% YoY; net loss $145M includes $56M non-cash goodwill impairment.","Adjusted EBITDA loss $19M, improved $27M YoY; best profit performance since 2021.","Secured $450M new capital from Delta Air Lines, Certares, Knighthead, Cox; $50M term loan in discussion.","George Mattson, longtime Delta board member, appointed CEO; new directors from majority owners.","Active members down 15% to 10,775; Live Flight Legs down 21% to 16,581."],"consensus_eps_estimate":null,"consensus_eps_actual":-13.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":1006937000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266099,"accession_number":"0001819516-23-000051","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K/A","filed_at":"2023-10-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Wheels Up CEO George Mattson starts Oct 2; compensation package set at $625k base, $1M target bonus","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary $625k; annual target bonus $1M (0-200% payout based on performance metrics).","One-time long-term incentive award value/terms to be agreed by Nov 1, 2023.","Housing allowance $100k for relocation to Atlanta, Georgia.","Severance: 12 months base salary continuation if terminated without cause or for good reason, plus bonus and health benefits.","Legal fee reimbursement up to $80k for negotiating employment agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266100,"accession_number":"0001819516-23-000049","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-10-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Wheels Up appoints Lee Moak to Board, Zirkin as Chair; Snell resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Erik Snell resigned from Board effective Sept 26, 2023; no disagreement cited.","Lee Moak appointed to Board as Class III director; former Delta captain, USPS Board member; designated as Delta Director per Investor Rights Agreement.","Adam Zirkin appointed as Chairperson of the Board effective Sept 20, 2023.","Board committees reassigned: Moak on Audit and Safety & Security; Zirkin on Compensation and Safety; other members assigned."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283338,"accession_number":"0001104659-23-102874","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-09-21T23:59:59+00:00","items":["1.01","5.02","1.02","2.03","3.02","7.01","9.01"],"status":"ready","headline":"Wheels Up secures $450M financing from Delta, CK Wheels, CIH; issues 80% equity to lenders","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Term loan of $350M and $100M revolver from Delta, CK Wheels, and CIH; interest rate 10% PIK, rising to 20% if stockholder approval delayed.","Lenders received 141M shares (80% of fully diluted) immediately; up to 95% after stockholder approval of charter amendment.","Board reconstituted: Delta, CK Wheels, CIH each designate directors; seven prior directors resigned; George Mattson (incoming CEO) appointed.","Company repaid $70M Amended Note to Delta using term loan proceeds; CCA extended to 2029."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283337,"accession_number":"0001104659-23-101654","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-09-18T23:59:59+00:00","items":["1.01","2.03","5.02","7.01","9.01"],"status":"ready","headline":"Wheels Up appoints George Mattson as CEO; expands Delta loan by $10M to $70M","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["George N. Mattson named CEO of Wheels Up Partners LLC; expected to start in early October 2023.","Todd Smith, interim CEO, will remain as CFO after Mattson joins.","Fourth Amendment increases Delta secured promissory note by $10M, total principal now $70M.","Mattson brings 25 years of aviation experience; served as Goldman partner and Delta board member.","Non-binding agreement in principle for up to $500M facility from Delta, Certares, Knighthead, and others."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283336,"accession_number":"0001104659-23-101335","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-09-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Chief People Officer Stevens Sainte-Rose resigns from Wheels Up subsidiary effective Oct 2","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stevens Sainte-Rose, Chief People Officer of Wheels Up Partners LLC, resigned effective Oct 2, 2023 to pursue a new opportunity.","Resignation was not due to any disagreement with the Company or its subsidiaries on operations, policies, or practices.","No replacement has been announced in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283335,"accession_number":"0001104659-23-099371","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-09-08T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Wheels Up increases Delta note by $15M to $60M total","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Third Amendment to Secured Promissory Note with Delta Air Lines dated Sept 6, 2023.","Additional $15.0M principal received on Sept 6, 2023, bringing total to $60.0M.","No new material covenants or amendments to existing terms in the Note.","Delta Air Lines, Inc. is the payee under the amended note."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283334,"accession_number":"0001104659-23-093978","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-08-21T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Wheels Up amends Delta note to $45M total; extends equipment note grace period","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Delta note originally $15M, increased to $25M on Aug 16, then up to $45M via second amendment.","Additional $10M received Aug 16; further $20M available under second amendment.","Grace period for Series A-1 equipment notes extended to Aug 23, 2023.","Amendments do not contain additional material covenants or terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283333,"accession_number":"0001104659-23-092027","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-08-15T23:59:59+00:00","items":["5.02","1.01","7.01","9.01"],"status":"ready","headline":"Wheels Up secures $500M credit facility led by Delta, Certares, Knighthead; Dan Janki named Chairman","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Non-binding agreement for $500M facility ($400M term loan + $100M liquidity facility) from Delta, Certares, Knighthead.","Lenders to receive ~95% of pro forma fully diluted equity via new Class A common stock issuance.","Delta CFO Dan Janki appointed Chairman of Board, replacing Ravi Thakran who returns to director role.","Issuance of ~80% of shares without shareholder approval under NYSE Financial Distress Exception; remainder subject to vote.","Audit committee determined delay for stockholder approval would jeopardize company's financial viability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283332,"accession_number":"0001819516-23-000047","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-08-14T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Wheels Up Q2 revenue down 21% to $335M; net loss $161M including $70M goodwill impairment; secures $15M Delta loan","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $335M vs $425.5M YoY (-21%); Net loss $160.6M (up from $92.8M) includes $70M non-cash goodwill impairment.","Adjusted EBITDA loss improved to $40.3M from $46.9M YoY; active members down 8% to 11,639; live flight legs down 16% to 18,137.","Secured up to $15M secured promissory note from Delta at 10% interest, $10M received Aug 9, $5M Aug 11; maturity Feb 4, 2024.","Grace period extended to Aug 15, 2023 for $270M equipment notes; additional covenants include $5M daily cash minimum and restrictions.","Non-binding LOI to divest non-core aircraft management to Airshare; licensed Avianis to Portside; member programs shift to high-density regions."],"consensus_eps_estimate":null,"consensus_eps_actual":-10.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":686874000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283331,"accession_number":"0001104659-23-077684","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K/A","filed_at":"2023-07-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Wheels Up Experience amends interim CEO Todd Smith's compensation with RSU grant and salary increase","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Monthly salary increase of $12,500 for Todd Smith during his interim CEO tenure.","Annual bonus target raised to 150% of base salary for the appointment period.","One-time equity award of 140,171 restricted stock units, vesting on January 3, 2024.","Compensation Committee approved changes on July 3, 2023.","Smith continues as CFO and interim CEO; existing offer letter governs terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":302779,"accession_number":"0001104659-23-075336","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K/A","filed_at":"2023-06-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Wheels Up discloses consulting agreement with Executive Chairman Ravi Thakran","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Monthly fee of $55,417 (annual $665,000); eligible for annual bonus target of 100% of fee.","One-time RSU award of 160,000 shares vesting equally on May 9, 2024 and May 9, 2025.","Additional perks: 50 flight hours on King Air 350i and up to $800/night NYC hotel reimbursement.","Agreement effective retroactively from May 9, 2023 until day before 2024 annual meeting.","Contract is independent contractor arrangement; Company retains ability to terminate for cause."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":302785,"accession_number":"0001104659-23-073900","cik":1819516,"company_name":"Wheels Up Experience Inc.","ticker":"UP","form_type":"8-K","filed_at":"2023-06-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Wheels Up confirms exploration of strategic investments, capital raise, and divestitures","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Working with advisors on new strategic investments, capital raising, and previously disclosed divestitures.","Responds to market speculation following reports of new strategic advisors.","Reaffirms focus on redesigned programs and path to profitability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":218460000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-06-23T23:59:59+00:00|302785"}