Wheels Up gets NYSE delisting notice as shares languish below $1; completes jet sale‑and‑leaseback to raise cash
The New York Stock Exchange on Dec. 17 notified Wheels Up (WUP, Teterboro) that it is non‑compliant with the $1 minimum average share price rule after a prolonged slump. The on‑demand business aviation operator said it closed a jet sale‑and‑leaseback transaction to shore up liquidity.