Wheels Up establishes $50M ATM equity offering with BofA and Jefferies

Wheels Up Experience Inc.

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.

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