09:42 AM EDT, 09/23/2024 (MT Newswires) -- Wheels Up Experience ( UP ) said Monday that its investors Delta Air Lines (DAL), CK Wheels, and Cox Investment have agreed to extend the lock-up restriction for their shares for another year, or until Sept. 20, 2025.

Also, Kore Capital and funds managed by Whitebox Advisors have agreed to extend the lock-up period for 72.5% of their shares until Sept. 20, 2025, Wheels Up said.

About 97.2% of the company's shares issued under an Investment and Investor Rights Agreement will remain subject to a lock-up restriction until Sept. 20, 2025, Wheels Up said.

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