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424B2: Prospectus

SEC announcement ·  12:09
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Generac Holdings Inc. The notes, which are due on or about July 14, 2025, are designed to pay a contingent coupon if the stock price of Generac Holdings Inc. is equal to or above a predetermined barrier on quarterly observation dates. The notes will be automatically called if the stock price is equal to or greater than the initial value on any observation date, paying investors the principal amount plus the contingent coupon. If not called and the final stock price is above the downside threshold, the principal amount will be paid at maturity along...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Generac Holdings Inc. The notes, which are due on or about July 14, 2025, are designed to pay a contingent coupon if the stock price of Generac Holdings Inc. is equal to or above a predetermined barrier on quarterly observation dates. The notes will be automatically called if the stock price is equal to or greater than the initial value on any observation date, paying investors the principal amount plus the contingent coupon. If not called and the final stock price is above the downside threshold, the principal amount will be paid at maturity along with the contingent coupon. However, if the final stock price is below the downside threshold, investors will receive a payment less than their principal, proportional to the decline in stock price. The notes are unsecured and unsubordinated debt securities, fully and unconditionally guaranteed by JPMorgan Chase & Co., and involve significant investment risks, including the potential loss of principal. The offering is set to be priced on July 10, 2024, with an original issue date of July 15, 2024. The notes are not bank deposits, are not insured by any governmental agency, and are not listed on any securities exchange.
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