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

Issuer:     Wheels Up Experience Inc. (UP)
CIK:        0001819516
Form:       8-K
Filed at:   2025-08-29T23:59:59+00:00
Accession:  0001104659-25-085165
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819516/000110465925085165/0001104659-25-085165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819516/000110465925085165/tm2524543d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-085165

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