Wheels Up climbs as investors agree to 1-year lock-up extension

Wheels Up Experience

23/09/2024 12:50

** Shares of private aviation co Wheels up Experience  UP.N 
rise ~4% to $2.45 in premarket trade
    ** Co says investors agree to extend lock-up restriction for
an additional year, until Sept. 20, 2025
    ** Adds about 97.2% of investor shares are subject to
lock-up restriction 
    ** As of last close, stock down 31% YTD

 (Reporting by Anshuman Tripathy in Bengaluru)
 ((Anshuman.Tripathy@thomsonreuters.com;))