JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the release of a preliminary pricing supplement for its Market Linked Securities, which are auto-callable with leveraged upside participation and contingent downside principal at risk, linked to the lowest performing of the Russell 2000 Index and the Nikkei 225 Index with a maturity date of July 29, 2027. The securities do not guarantee a return of principal and their performance is dependent on the lowest performing index between the Russell 2000 and the Nikkei 225. The securities are designed to be held to maturity, with no periodic interest payments or dividends, and are not listed on any exchange. The offering is subject to completion, with a pricing date set for...Show More

JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the release of a preliminary pricing supplement for its Market Linked Securities, which are auto-callable with leveraged upside participation and contingent downside principal at risk, linked to the lowest performing of the Russell 2000 Index and the Nikkei 225 Index with a maturity date of July 29, 2027. The securities do not guarantee a return of principal and their performance is dependent on the lowest performing index between the Russell 2000 and the Nikkei 225. The securities are designed to be held to maturity, with no periodic interest payments or dividends, and are not listed on any exchange. The offering is subject to completion, with a pricing date set for July 26, 2024, and an issue date of July 31, 2024. The securities are callable if the closing level of the lowest performing index on the call date is greater than or equal to its starting level, with a minimum call premium of 23.50%. If not called, the maturity payment amount will vary based on the performance of the lowest performing index, with full downside exposure if the index falls below 75% of its starting level. The securities are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., and subject to their credit risk. The estimated value of the securities will be lower than the original issue price due to selling, structuring, and hedging costs. The securities are not bank deposits and are not insured by the FDIC or any other governmental agency.