Traders should expect higher per-share prices post-split but no fundamental change in value. Monitor for potential NYSE compliance restoration and possible inclusion in the Russell 3000 index if share price sustains above $1.00.
Price Chart
Executive Summary
Wheels Up Experience Inc. announced a 1-for-20 reverse stock split effective April 24, 2026, reducing outstanding shares from ~725 million to ~36 million to regain NYSE compliance and align with peer valuations. The stock will begin trading on a split-adjusted basis on April 27, 2026, under the same ticker UP.
Key Facts
- Board approved a 1-for-20 reverse stock split effective April 24, 2026
- Outstanding shares reduced from ~725 million to ~36 million
- Authorized shares reduced from 1.5 billion to 75 million
- Stock to begin trading on split-adjusted basis April 27, 2026
- No change to ticker symbol (UP) but new CUSIP (96328L304) and ISIN assigned
- Fractional shares will be paid in cash based on closing price on April 24, 2026
Financial Impact
No direct financial impact; structural change to share count and price. Share price expected to increase 20x post-split with no change in market cap.
Risk Factors
- Reverse stock splits are often perceived negatively by the market as attempts to avoid delisting
- Potential for reduced retail investor interest due to higher per-share price
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-024998 |
| Exhibit: ex-991xupxpressreleasedate.htm | 0001628280-26-024998 |
| Document: 0001628280-26-024998-index-headers.html | 0001628280-26-024998 |
| Document: 0001628280-26-024998-index.html | 0001628280-26-024998 |
| Document: 0001628280-26-024998.txt | 0001628280-26-024998 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 10, 2026 19w ago | 3 | — | awaiting T+20 | — | — |
Jun 10, 2026 19w ago | 8-K | — | awaiting T+20 | — | — |
Jun 8, 2026 20w ago | EFFECT | — | awaiting T+20 | — | — |
Jun 1, 2026 21w ago | S-3/A | — | awaiting T+20 | — | — |
Jun 1, 2026 21w ago | 8-K | — | awaiting T+20 | — | — |
Apr 29, 2026 25w ago | 8-K | — | awaiting T+20 | — | — |
Apr 27, 2026 26w ago | 8-K | — | awaiting T+20 | — | — |
Apr 24, 2026 26w ago | DEFA14A | — | awaiting T+20 | — | — |
Apr 14, 2026 28w ago | 8-K | — | awaiting T+20 | — | — |
US Market Status
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