Benzinga | Jul 12, 2021 04:17PM EDT

Aspirational Consumer Lifestyle Corp. Announces Shareholder Approval Of Business Combination With Wheels Up; Will Trade Under Ticker 'UP'

Aspirational Consumer Lifestyle Corp. ("Aspirational") (NYSE:ASPL), a special purpose acquisition company, today announced that its shareholders have voted to approve the previously announced business combination with Wheels Up Partners Holdings LLC ("Wheels Up"), the leading brand in private aviation.

At the extraordinary general meeting of Aspirational shareholders held today, approximately 93.6% of the votes cast, representing approximately 63.3% of holders of Aspirational's outstanding shares, approved the proposed business combination with Wheels Up.

Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on July 13, 2021, after which Wheels Up's Class A common stock and warrants will be listed on the New York Stock Exchange under the ticker symbols "UP" and "UP WS", respectively, and ASPL will be renamed "Wheels Up Experience Inc."