Aspirational Consumer Lifestyle Corp.
Completed 2021-07-13- CIK 1819516
- ASPL
- Now UP
- IPO 2020-09-24
- $240M trust
- 582 filings
Successfully merged with Wheels Up Partners Holdings LLC • Now trading as UP
- IPO Size
- $240M
- raised at the IPO
- Trust
- $240M
- as of 2021-06-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
582 filings over 26 quarters; violet bars carry a milestone
- 20 Q3: 20 filings
- 20 Q4: 6 filings
- 21 Q1: 22 filings
- 21 Q2: 32 filings
- 21 Q3: 72 filings
- 21 Q4: 6 filings
- 22 Q1: 25 filings
- 22 Q2: 24 filings
- 22 Q3: 16 filings
- 22 Q4: 6 filings
- 23 Q1: 11 filings
- 23 Q2: 32 filings
- 23 Q3: 30 filings
- 23 Q4: 16 filings
- 24 Q1: 20 filings
- 24 Q2: 24 filings
- 24 Q3: 18 filings
- 24 Q4: 22 filings
- 25 Q1: 28 filings
- 25 Q2: 25 filings
- 25 Q3: 25 filings
- 25 Q4: 23 filings
- 26 Q1: 13 filings
- 26 Q2: 41 filings
- 26 Q3: 19 filings
- 26 Q4: 6 filings
- S-1 filed 20 Q3
- IPO 20 Q3
- Definitive agreement 21 Q1
- Completed 21 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Aspirational Consumer Lifestyle Corp. is a blank-check company seeking a business combination with a target in the aspirational lifestyle space, particularly premium brands that offer consumers an aspirational lifestyle experience. It intends to leverage its management and sponsor group's global consumer and luxury-brand experience.
Investment Focus
Consumer, Fashion, Beauty, Food & Beverage, Retail
Key Information
As the filings state it
- IPO Date
- 2020-09-24
- Total Redemptions
- $134M
- PIPE
- $550M
- SIC
- 4522
- Completion Date
- 2021-07-13
- Merger Target
- Wheels Up Partners Holdings LLC
- SPAC Ticker
- ASPL
- Merged Ticker
- UP
Stock Performance
UPTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2020-11-18 | $9.89 | |
| At Merger | 2021-07-14 | $11.55 | +17% |
| 6 Months Post-Merger | 2022-01-13 | $4.24 | -63% |
| 1 Year Post-Merger | 2022-07-14 | $2.02 | -83% |
| 2 Years Post-Merger | 2023-07-14 | $1.55 | -87% |
| Current Price | 2026-10-16 | $3.46 | -65% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Ravi Thakran, Mark Bedingham and Lisa Myers, with backgrounds spanning luxury and premium brands, consumer-focused private equity and investing, global hospitality, and consumer-sector operations. Its sponsor group includes L Catterton, a consumer-focused private equity firm.