JPMorgan Chase Financial Company LLC, with JPMorgan Chase & Co. as the guarantor, has announced the offering of Auto Callable Contingent Interest Notes linked to the Class B common stock of United Parcel Service, Inc. The notes have a minimum denomination of $1,000 and feature a contingent interest rate of at least 11.85% per annum, payable quarterly if applicable. The pricing date is set for July 30, 2024, with a final review date on July 30, 2026, and maturity date on August 4, 2026. The notes will be automatically called if the UPS stock price on any review date, except the first and final, exceeds the initial value, resulting in a cash payment plus applicable interest. If not automatically called and the final stock value is above the trigger...Show More

JPMorgan Chase Financial Company LLC, with JPMorgan Chase & Co. as the guarantor, has announced the offering of Auto Callable Contingent Interest Notes linked to the Class B common stock of United Parcel Service, Inc. The notes have a minimum denomination of $1,000 and feature a contingent interest rate of at least 11.85% per annum, payable quarterly if applicable. The pricing date is set for July 30, 2024, with a final review date on July 30, 2026, and maturity date on August 4, 2026. The notes will be automatically called if the UPS stock price on any review date, except the first and final, exceeds the initial value, resulting in a cash payment plus applicable interest. If not automatically called and the final stock value is above the trigger value, investors will receive their principal plus interest at maturity. However, if the final value is below the trigger value, investors could lose more than 30% of their principal, potentially the entire amount. The estimated value of the notes at the time of setting terms will be no less than $940.00 per $1,000 note. JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. highlight the investment risks, including potential loss of principal, credit risks, limited appreciation potential, and lack of guaranteed interest payments. The notes' estimated value is expected to be lower than the original issue price, and secondary market liquidity is not guaranteed.