Charter & Fractional
Wheels Up Regains Compliance with NYSE Listing Standards
Share price returns above $1 mark
Private aviation group Wheels Up operates light jet aircraft.
Wheels Up has regained compliance with NYSE listing standards after its stock price rose above $1, restoring eligibility for continued trading. © David McIntosh/AIN

Wheels Up Experience has regained compliance with the New York Stock Exchange’s continued listing requirements after resolving a minimum share price deficiency. The NYSE confirmed on June 2 that Wheels Up’s stock closed at or above $1 per share for 30 consecutive trading days, restoring the company’s eligibility under Section 802.01C of the NYSE Listed Company Manual.

“We are pleased that in just over a month since receiving a continued listing standard notice, we have regained full compliance with NYSE listing standards through market-driven stock appreciation,” said Wheels Up CEO George Mattson. “This milestone reflects growing investor confidence in our continued progress in executing our business transformation and long-term strategy.”

In this article