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Wheels Up receives NYSE notice, closes jet sale-leaseback
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Wheels Up receives NYSE notice, closes jet sale-leaseback
The New York Stock Exchange (NYSE) notified Wheels Up (WUP, Teterboro) on December 17 of non-compliance with the USD1 minimum average share price requirement. The stock market authority granted the operator six months to regain compliance. Wheels Up previously received a similar notice in April and returned to compliance in June following a reverse stock split. The latest notice has no immediate effect on the listing or trading of the company's …
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