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Wheels Up Experience Inc. – ‘10-Q’ for 9/30/22 – ‘EX-32.2’

On:  Wednesday, 11/9/22, at 4:35pm ET   ·   For:  9/30/22   ·   Accession #:  1819516-22-33   ·   File #:  1-39541

Previous ‘10-Q’:  ‘10-Q’ on 8/11/22 for 6/30/22   ·   Next:  ‘10-Q/A’ on 3/31/23 for 9/30/22   ·   Latest:  ‘10-Q’ on 11/9/23 for 9/30/23   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

11/09/22  Wheels Up Experience Inc.         10-Q        9/30/22   98:9.9M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.09M 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     32K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     32K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     27K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     26K 
11: R1          Cover                                               HTML     84K 
12: R2          Condensed Consolidated Balance Sheets               HTML    162K 
13: R3          Condensed Consolidated Balance Sheets               HTML     36K 
                (Parenthetical)                                                  
14: R4          Condensed Consolidated Statements of Operations     HTML    131K 
15: R5          Condensed Consolidated Statements of Comprehensive  HTML     54K 
                Loss                                                             
16: R6          Condensed Consolidated Statements of Equity         HTML    135K 
17: R7          Condensed Consolidated Statements of Cash Flows     HTML    133K 
18: R8          Organization and Operations                         HTML     31K 
19: R9          Summary of Significant Accounting Policies          HTML     36K 
20: R10         Business Combination                                HTML     33K 
21: R11         Property and Equipment                              HTML     43K 
22: R12         Revenue                                             HTML     68K 
23: R13         Acquisitions                                        HTML     66K 
24: R14         Goodwill and Intangible Assets                      HTML     78K 
25: R15         Cash, Cash Equivalents and Restricted Cash          HTML     36K 
26: R16         Fair Value Measurements                             HTML     67K 
27: R17         Long-Term Debt                                      HTML     28K 
28: R18         Commitments and Contingencies                       HTML     30K 
29: R19         Leases                                              HTML     55K 
30: R20         Stockholder's Equity and Equity-Based Compensation  HTML    152K 
31: R21         Non-Controlling Interests                           HTML     40K 
32: R22         Related Parties                                     HTML     31K 
33: R23         Net Loss Per Share                                  HTML     54K 
34: R24         Income Taxes                                        HTML     33K 
35: R25         Warrants                                            HTML     28K 
36: R26         Subsequent Events                                   HTML     30K 
37: R27         Summary of Significant Accounting Policies          HTML     44K 
                (Policies)                                                       
38: R28         Property and Equipment (Tables)                     HTML     41K 
39: R29         Revenue (Tables)                                    HTML     63K 
40: R30         Acquisitions (Tables)                               HTML     65K 
41: R31         Goodwill and Intangible Assets (Tables)             HTML     86K 
42: R32         Cash, Cash Equivalents and Restricted Cash          HTML     41K 
                (Tables)                                                         
43: R33         Fair Value Measurements (Tables)                    HTML     64K 
44: R34         Leases (Tables)                                     HTML     59K 
45: R35         Stockholder's Equity and Equity-Based Compensation  HTML    137K 
                (Tables)                                                         
46: R36         Non-Controlling Interests (Tables)                  HTML     36K 
47: R37         Net Loss Per Share (Tables)                         HTML     54K 
48: R38         Summary of Significant Accounting Policies          HTML     36K 
                (Details)                                                        
49: R39         Business Combination (Details)                      HTML     96K 
50: R40         PROPERTY AND EQUIPMENT - Schedule of Property and   HTML     51K 
                Equipment (Details)                                              
51: R41         PROPERTY AND EQUIPMENT - Narrative (Details)        HTML     35K 
52: R42         REVENUE - Schedule of Disaggregation of Revenue     HTML     45K 
                (Details)                                                        
53: R43         REVENUE - Narrative (Details)                       HTML     54K 
54: R44         REVENUE - Contract Balances (Details)               HTML     44K 
55: R45         REVENUE - Changes in Deferred Revenue (Details)     HTML     34K 
56: R46         REVENUE - Performance Obligation Narrative          HTML     40K 
                (Details)                                                        
57: R47         ACQUISITIONS - Narrative (Details)                  HTML     55K 
58: R48         ACQUISITIONS - Preliminary Purchase Price           HTML     57K 
                (Details)                                                        
59: R49         ACQUISITIONS - Intangible Assets Acquired           HTML     41K 
                (Details)                                                        
60: R50         ACQUISITIONS - Unaudited Pro Forma Summary of       HTML     39K 
                Operations (Details)                                             
61: R51         GOODWILL AND INTANGIBLE ASSETS - Schedule of        HTML     37K 
                Goodwill (Details)                                               
62: R52         GOODWILL AND INTANGIBLE ASSETS - Schedule of        HTML     53K 
                Intangible Assets (Details)                                      
63: R53         GOODWILL AND INTANGIBLE ASSETS - Narrative          HTML     30K 
                (Details)                                                        
64: R54         GOODWILL AND INTANGIBLE ASSETS - Intangible         HTML     30K 
                Liabilities (Details)                                            
65: R55         GOODWILL AND INTANGIBLE ASSETS - Future             HTML     55K 
                Amortization (Details)                                           
66: R56         CASH, CASH EQUIVALENTS AND RESTRICTED CASH -        HTML     38K 
                Narrative (Details)                                              
67: R57         CASH, CASH EQUIVALENTS AND RESTRICTED CASH -        HTML     35K 
                Reconciliation of Cash and Cash Equivalents and                  
                Restricted Cash (Details)                                        
68: R58         FAIR VALUE MEASUREMENTS - Schedule of Financial     HTML     51K 
                Instruments Measured at Fair Value on Recurring                  
                Basis (Details)                                                  
69: R59         FAIR VALUE MEASUREMENTS - Changes in the Fair       HTML     37K 
                Value of the Warrant Liability (Details)                         
70: R60         Long-Term Debt (Details)                            HTML     31K 
71: R61         Commitments and Contingencies (Details)             HTML     28K 
72: R62         LEASES - Narrative (Details)                        HTML     36K 
73: R63         LEASES - Components of Net Lease Cost (Details)     HTML     32K 
74: R64         LEASES - Supplemental Cash Flow Information         HTML     30K 
                (Details)                                                        
75: R65         LEASES - Supplemental Balance Sheet Information     HTML     32K 
                (Details)                                                        
76: R66         LEASES - Maturities of Operating Leases (Details)   HTML     44K 
77: R67         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML    209K 
                - Narrative (Details)                                            
78: R68         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     47K 
                - Summary of Profits Interest Activity (Details)                 
79: R69         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     50K 
                - Schedule of Nonvested Profit Interests (Details)               
80: R70         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     49K 
                - Summary of Restricted Interests Activity                       
                (Details)                                                        
81: R71         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     87K 
                - Summary of Stock Option Activity (Details)                     
82: R72         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     58K 
                - Schedule of Nonvested Share Activity (Details)                 
83: R73         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     54K 
                - Schedule of LTIP RSUs (Details)                                
84: R74         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     67K 
                - Performance Stock Units (Details)                              
85: R75         STOCKHOLDER's EQUITY AND EQUITY-BASED COMPENSATION  HTML     38K 
                - Equity-based compensation expense (Details)                    
86: R76         NON-CONTROLLING INTERESTS - Schedule of             HTML     38K 
                Calculation of Non-controlling Interests (Details)               
87: R77         NON-CONTROLLING INTERESTS - Narrative (Details)     HTML     27K 
88: R78         Related Parties (Details)                           HTML     52K 
89: R79         NET LOSS PER SHARE - Schedule of Basic and Diluted  HTML     58K 
                Net Income (Loss) per Share (Details)                            
90: R80         NET LOSS PER SHARE - Schedule of Antidilutive       HTML     39K 
                Securities (Details)                                             
91: R81         Income Taxes (Details)                              HTML     32K 
92: R82         Warrants (Details)                                  HTML     40K 
93: R83         Subsequent Events (Details)                         HTML     45K 
96: XML         IDEA XML File -- Filing Summary                      XML    178K 
94: XML         XBRL Instance -- up-20220930_htm                     XML   2.46M 
95: EXCEL       IDEA Workbook of Financial Reports                  XLSX    172K 
 7: EX-101.CAL  XBRL Calculations -- up-20220930_cal                 XML    229K 
 8: EX-101.DEF  XBRL Definitions -- up-20220930_def                  XML    849K 
 9: EX-101.LAB  XBRL Labels -- up-20220930_lab                       XML   2.05M 
10: EX-101.PRE  XBRL Presentations -- up-20220930_pre                XML   1.27M 
 6: EX-101.SCH  XBRL Schema -- up-20220930                           XSD    227K 
97: JSON        XBRL Instance as JSON Data -- MetaLinks              489±   744K 
98: ZIP         XBRL Zipped Folder -- 0001819516-22-000033-xbrl      Zip    494K 


‘EX-32.2’   —   Certification — §906 – SOA’02


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Exhibit 32.2


CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Wheels Up Experience Inc. (the “Company”) on Form 10-Q for the quarterly period ended September 30, 2022, as filed with the Securities and Exchange Commission (the “Report”), I, Todd Smith, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

1.    The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2.    To my knowledge, the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the period covered by the Report.

Date: November 9, 2022    By: /s/ Todd Smith    
        Name: Todd Smith
Title: Chief Financial Officer
(Principal Financial and Accounting Officer)


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:11/9/228-K
For Period end:9/30/22
 List all Filings 


3 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/17/22  Wheels Up Experience Inc.         8-K:1,2,7,810/14/22   19:3.4M                                   Toppan Merrill/FA
 7/15/22  Wheels Up Experience Inc.         8-K:5,9     7/14/22   12:319K                                   Toppan Merrill/FA
 7/19/21  Wheels Up Experience Inc.         8-K:1,2,3,4 7/13/21   15:2.4M                                   Workiva Inc Wde… FA01/FA
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Filing Submission 0001819516-22-000033   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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