---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-033578"
form_type: "8-K"
ticker: "UP"
cik: "0001819516"
company_name: "Wheels Up Experience Inc."
filed_at: "2026-05-11T20:33:28+00:00"
generated_at: "2026-05-11T21:43:54.086799+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Wheels Up secures $100M unsecured term loan from Delta-led group; Q1 results released

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-033578
- form_type: 8-K
- ticker: UP
- cik: 0001819516
- company_name: Wheels Up Experience Inc.
- filed_at: 2026-05-11T20:33:28+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819516/000162828026033578/0001628280-26-033578-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819516/000162828026033578/up-20260510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-033578
- JSON: https://secwatch.observer/filing/0001628280-26-033578.json
- Plain text: https://secwatch.observer/filing/0001628280-26-033578.txt

## Key facts
- Earnings Releases
  Wheels Up Experience Inc. reported financial results for the three months ended March 31, 2026.
  - Period: the three months ended March 31, 2026
  - Result: reported results
  source text: On May 11, 2026, Wheels Up Experience Inc. (the “Company”) issued a press release and a shareholder letter announcing its financial results for the three months ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819516/000162828026033578/0001628280-26-033578-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.