---
schema_version: "secwatch.filing_event.v1"
accession: "0001819516-25-000023"
form_type: "8-K"
ticker: "UP"
cik: "0001819516"
company_name: "Wheels Up Experience Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:57:04.375662+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "low"
source: SEC EDGAR
---

# Wheels Up extends Delta credit line, announces stock buyback; Q1 results not detailed in filing

## Summary
- 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.

## SEC filing metadata
- accession: 0001819516-25-000023
- form_type: 8-K
- ticker: UP
- cik: 0001819516
- company_name: Wheels Up Experience Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: low
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819516/000181951625000023/0001819516-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819516/000181951625000023/up-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819516-25-000023
- JSON: https://secwatch.observer/filing/0001819516-25-000023.json
- Plain text: https://secwatch.observer/filing/0001819516-25-000023.txt

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