Welcome to our dedicated page for Wheels Up Experience SEC filings (Ticker: WSUPW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Wheels Up Experience Inc. filings document an on-demand private aviation company and the securities associated with its public capital structure, including the WSUPW warrant security. Current reports describe fleet modernization, the retirement of legacy jet fleets from revenue service, reverse stock split effects, amendments to the Wheels Up Partners Holdings LLC agreement, and material modifications to security-holder rights.
Proxy materials cover director elections, advisory compensation votes, auditor ratification, and amendments to the Wheels Up Experience Inc. 2021 Long-Term Incentive Plan. The filing record also includes board transition disclosures and governance matters tied to annual meetings, Delaware corporate documents, and subsidiary operating agreements.
Wheels Up Experience Inc. (UP) filed its Q3 2025 10‑Q, reporting revenue of $185.5 million versus $193.9 million a year ago and a net loss of $83.7 million versus $57.7 million. For the nine months, revenue was $552.7 million versus $587.3 million, with a net loss of $265.3 million versus $252.1 million.
Interest expense rose to $23.5 million in the quarter (from $16.0 million), contributing to an operating loss of $61.3 million. Cash and cash equivalents were $125.3 million and restricted cash was $30.5 million as of September 30, 2025; operating cash use was $147.9 million year‑to‑date. Deferred revenue stood at $711.2 million, largely prepaid flight balances.
The company raised $47.6 million net via its $50 million ATM program by issuing 21.2 million shares in Q3. It also completed the sale of certain non‑core services businesses for $21.5 million net proceeds, recognizing a $1.8 million gain. Gross debt totaled $766.5 million (including a $484.2 million term loan at 10% and $282.4 million of revolving equipment notes). Shares outstanding were 721,707,858 as of November 3, 2025.
Wheels Up Experience Inc. (UP) furnished an update on its business by releasing a press release and investor letter with financial results for the quarter ended September 30, 2025. These materials are included as Exhibits 99.1 (Earnings Release) and 99.2 (Investor Letter) to a Form 8-K.
The company states this information is being furnished under Item 2.02 and is not deemed “filed” under the Exchange Act, which limits Section 18 liability and incorporation by reference unless specifically noted.
Wheels Up Experience Inc. disclosed amendments to its Investor Rights Agreement that extend resale restrictions on certain holders' Class A common stock. The Lead Investors agreed to extend the lock-up on all of their shares issued under the agreement through May 22, 2026, subject to limited exceptions for transfers to permitted transferees. The Additional Investors agreed to extend the lock-up on 29% of their shares through January 2, 2026, with specified timing windows, volume limits and a stated minimum per-share price for any permitted transfers as set forth in the amendment.
The amendment is filed/furnished with the Form 8-K and is signed by CEO George Mattson on behalf of the company.