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- Wheels Up Experience (UP) said on Tuesday that the company will effect a 1-for-20 reverse stock split of its Class A common stock, par value $0.0001 per share.
- The company is effecting a stock split to regain compliance with the NYSE’s listing standards and qualify for inclusion in the Russell 3000.
- Wheels Up’s common stock is expected to begin trading on the NYSE on a reverse split-adjusted basis on April 27, 2026.
- UP -16.97% premarket to $0.45.
- Source: Press Release