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Delta extends Wheels Up lock-up restrictions through 2027

Summary by Ch-Aviation
Wheels Up (WUP, Teterboro) has announced that lead strategic investor Delta Air Lines has extended lock-up restrictions on all its shares issued under the Investment and Investor Rights Agreement for an additional year, through May 22, 2027. As a result, over 35% of Wheels Up outstanding shares as of May 22, 2026, remain subject to lock-up restrictions. “This lock-up extension, along with Delta's leadership on our recently announced commitment f…
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ch-aviation broke the news on Tuesday, May 26, 2026.
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