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424B2: Prospectus

SEC announcement ·  Jul 10 15:30
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Yield Notes linked to the performance of three ETFs: the SPDR Dow Jones Industrial Average ETF Trust, the iShares Russell 2000 ETF, and the Invesco QQQ Trust, Series 1. The notes, which are designed to pay a minimum interest of 8.00% per annum, will be automatically called if the closing price of one share of each ETF on any Review Date is at or above its Initial Value, with the first possible call date on July 14, 2025. The notes are set to price around July 12, 2024, with a settlement date around July 17, 2024, and mature on July 16, 2026. They are unsecured and unsubordinated obligations of JPMorgan Chase...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Yield Notes linked to the performance of three ETFs: the SPDR Dow Jones Industrial Average ETF Trust, the iShares Russell 2000 ETF, and the Invesco QQQ Trust, Series 1. The notes, which are designed to pay a minimum interest of 8.00% per annum, will be automatically called if the closing price of one share of each ETF on any Review Date is at or above its Initial Value, with the first possible call date on July 14, 2025. The notes are set to price around July 12, 2024, with a settlement date around July 17, 2024, and mature on July 16, 2026. They are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are subject to market risks, including the potential loss of principal, and are not bank deposits or insured by any governmental agency. The offering is detailed in a preliminary pricing supplement filed with the SEC, which also outlines the risks and tax considerations for potential investors.

This announcement is a separate document:

Doc 1

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