Wheels Up Experience Inc.UP
Cash in trust
$240M
$239,843,104
Trust per share
—
Redemption value
IPO
Sep 2020
—
Combination deadline
—
Not disclosed
Filings on record
582
Latest Oct 9, 2026
Business combination
- Target
- Not disclosed in an indexed filing
- Announced
- Feb 1, 2021
- Closed
- Jul 19, 2021
Overview
Wheels Up Experience Inc. is a special purpose acquisition company incorporated and registered with the SEC under CIK 0001819516. It completed its initial public offering in Sep 2020 and listing on NYSE. Class A shares trade under the ticker UP on NYSE. The vehicle is sponsored by Aspirational Consumer Lifestyle through Aspirational Consumer Lifestyle Sponsor LLC. The mandate targets consumer. Business combination closed; the company trades under a new ticker.
“we expect to focus our search for a target business in the aspirational lifestyle space, we may seek to complete a business combination with an operating company of any size (subject to our satisfaction of the 80% of net assets test) and in any industry, sector or geographic area.”
Reading the filings
Arithmetic on what Wheels Up Experience Inc. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Warrant coverage
Each unit carried one-third warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.
Underwriting
Credit Suisse led the offering. It has been named on 118 SPAC IPOs, book-running 92 of them, and 58.3% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.
582 filings in all. 25 in the last three months, against a busiest month of 41.
News on Wheels Up Experience Inc.
Last 90 days- Wheels Up Experience: Transition Working But There Continue To Be Capital NeedsNeutral
SeekingAlpha · 19d ago
News sentiment
NeutralAcross 1 recent story, weighted towards the newest. Scored by our own headline classifier using finance- and SPAC-specific terms. It reads what a story is about, not what the shares are worth.
SEC filing history
Free tier: filings older than 24 hours- 8-K/A
8-K/A
Items 2.02, 9.01 · Accession 0001628280-26-065562
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-114155
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-114154
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-114153
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-114152
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-114151
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-107155
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-106442
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-106441
- 144
144 filing
Accession 0001950047-26-009222
- 4
Statement of changes in beneficial ownership
Accession 0000945621-26-001114
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103402
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103401
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103400
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103399
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103398
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103397
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103396
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-103395
- 8-K
Current report
Items 5.02, 9.01 · Accession 0001628280-26-057181
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000905148-26-003737
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001172661-26-003362
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-095172
- 10-Q
Quarterly report
Accession 0001628280-26-053559
- 8-K
Entry into a material definitive agreement
Items 1.01, 2.02, 2.03, 9.01 · Accession 0001628280-26-052133
- 4
Statement of changes in beneficial ownership
Accession 0000945621-26-000845
- 4
Statement of changes in beneficial ownership
Accession 0000945621-26-000837
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-073643
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-072476
- 4
Statement of changes in beneficial ownership
Accession 0001104659-26-072475
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Wheels Up Experience Inc.: questions answered
What is Wheels Up Experience Inc. (UP)?
Wheels Up Experience Inc. is a special purpose acquisition company incorporated and registered with the SEC under CIK 0001819516. It completed its initial public offering in Sep 2020 and listing on NYSE. Class A shares trade under the ticker UP on NYSE. The vehicle is sponsored by Aspirational Consumer Lifestyle through Aspirational Consumer Lifestyle Sponsor LLC. The mandate targets consumer. Business combination closed; the company trades under a new ticker.
How much does Wheels Up Experience Inc. hold in trust?
Approximately $239,843,104, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must Wheels Up Experience Inc. complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if Wheels Up Experience Inc. does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in Wheels Up Experience Inc., and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
What tickers does Wheels Up Experience Inc. trade under?
Class A shares trade as UP on NYSE. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.
Is the trust value the same as the share price for Wheels Up Experience Inc.?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
How much dilution do Wheels Up Experience Inc.'s founder shares and warrants create?
Each unit also carried one-third warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors Wheels Up Experience Inc., and what is their track record?
Aspirational Consumer Lifestyle Sponsor LLC is the sponsor entity, part of the Aspirational Consumer Lifestyle franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Ravi Thakran.
Which banks underwrote the Wheels Up Experience Inc. IPO?
Credit Suisse. Credit Suisse was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Wheels Up Experience Inc. tradeable, and where?
Yes. UP returned a live quote of $3.19 on NYSE. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.
Is Wheels Up Experience Inc. a good investment?
That is not a question this site answers. Wheels Up Experience Inc. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this Wheels Up Experience Inc. data come from?
Filings Wheels Up Experience Inc. submitted to the SEC under CIK 0001819516: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Oct 31, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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Continue reading
The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Aspirational Consumer Lifestyle: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Credit Suisse in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Consumer SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All completed de-spac transactions
Business combination closed; the company trades under a new ticker.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.