Wheels Up Experience: amends 8-K to correct adjusted EBITDA reconciliations

What happened Wheels Up Experience filed an amendment on Oct 9, 2026 to its Form 8-K originally filed on Aug 4, 2026. The amendment corrects inadvertent errors in the historical reconciliations of Adjusted EBITDA and Adjusted EBITDAR to Net income (loss) for periods from the 3 months ended Mar 31, 2024 through the 3 months ended Mar 31, 2026 and for the years ended Dec 31, 2025 and Dec 31, 2024. The filing says these errors resulted in an understatement of Adjusted EBITDA and Adjusted EBITDAR and that the 2Q Form 10-Q for the 3 months ended Jun 30, 2026 is not being amended because the unaudited financial statements and non-GAAP measures reported there are not impacted. Revised reconciliations are furnished as Exhibit 99.1 to the amendment.

Key details

• Amendment filed Oct 9, 2026; original Form 8-K filed Aug 4, 2026.
• Affected periods: quarterly periods beginning with the 3 months ended Mar 31, 2024 through the 3 months ended Mar 31, 2026, and years ended Dec 31, 2025 and Dec 31, 2024.
• Revisions: (i) treat "Loss on extinguishment of debt" as an addition rather than a deduction for all periods presented; (ii) for the 3 months and year ended Dec 31, 2024, remove the portion of "Loss on extinguishment of debt" already included in "Fleet modernization expense" related to refinancing transactions closed in Q4 2024; (iii) recalculate the reported amounts for "Adjusted EBITDA (updated definition)" and "Adjusted EBITDAR (updated definition)."
• Revised reconciliations are included in Exhibit 99.1; the amendment also furnishes the Inline XBRL cover page.

Why it may matter The filing reports an Item 2.02 event (results of operations and financial condition) that corrects historical reconciliations of non-GAAP measures (Adjusted EBITDA and Adjusted EBITDAR) to Net income (loss). This filing does not show why the insider traded or why the company acted.