share_log

424B2: Prospectus

SEC announcement ·  12:48
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC has launched a new structured investment product, offering Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a maturity date of July 12, 2029. The notes, guaranteed by JPMorgan Chase & Co., are designed for investors seeking contingent interest payments based on the performance of the index, with the potential for automatic call if the index reaches a specified level. The notes, which are unsecured and unsubordinated obligations, were priced on July 8, 2024, with a settlement date around July 11, 2024. The notes are subject to a 6.0% per annum daily deduction from the index and a notional financing cost, which may affect the performance of the investment. The minimum investment is set at denominations of...Show More
JPMorgan Chase Financial Company LLC has launched a new structured investment product, offering Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a maturity date of July 12, 2029. The notes, guaranteed by JPMorgan Chase & Co., are designed for investors seeking contingent interest payments based on the performance of the index, with the potential for automatic call if the index reaches a specified level. The notes, which are unsecured and unsubordinated obligations, were priced on July 8, 2024, with a settlement date around July 11, 2024. The notes are subject to a 6.0% per annum daily deduction from the index and a notional financing cost, which may affect the performance of the investment. The minimum investment is set at denominations of $1,000, and the total offering amounts to $609,000. Investors are warned of the risks involved, including the potential loss of principal and the possibility of receiving no interest payments. The notes are not bank deposits, are not FDIC insured, and involve a number of risks detailed in the accompanying prospectus supplement and other offering documents.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more