secwatch.observer — SEC 8-K summary
======================================

Issuer:     Wheels Up Experience Inc. (UP)
CIK:        0001819516
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0001104659-23-099371
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Wheels Up increases Delta note by $15M to $60M total
----------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819516/000110465923099371/0001104659-23-099371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819516/000110465923099371/tm2325790d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-099371

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer