JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Interest Notes, which are linked to the performance of three specific exchange-traded funds (ETFs): the Invesco QQQ TrustSM, Series 1, the iShares Russell 2000 ETF, and the SPDR S&P 500 ETF Trust. The notes are designed to provide investors with contingent interest payments if the closing price of each ETF is above 75% of its respective Strike Value on review dates. The notes will be automatically called if the price of each ETF on any review date, except the first and final, is at or above its Strike Value. The earliest an automatic call can occur is February 3, 2025. The notes are...Show More

JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Interest Notes, which are linked to the performance of three specific exchange-traded funds (ETFs): the Invesco QQQ TrustSM, Series 1, the iShares Russell 2000 ETF, and the SPDR S&P 500 ETF Trust. The notes are designed to provide investors with contingent interest payments if the closing price of each ETF is above 75% of its respective Strike Value on review dates. The notes will be automatically called if the price of each ETF on any review date, except the first and final, is at or above its Strike Value. The earliest an automatic call can occur is February 3, 2025. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about August 2, 2024, and settle on or about August 7, 2024. The Strike Value for each ETF is determined by its closing price on August 1, 2024. The notes carry investment risks, including the potential loss of principal, and are not bank deposits or insured by any governmental agency. The offering is subject to completion, with a registration statement filed but not yet effective. The Securities and Exchange Commission (SEC) has not approved or disapproved the notes, nor have they passed upon the accuracy or adequacy of the preliminary pricing supplement.