Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the pricing of its Auto Callable Contingent Interest Notes on July 8, 2024. The notes, valued at $914,000, are linked to the performance of the least performing stock among DexCom, Inc., American Airlines Group Inc., and Celsius Holdings, Inc., and are due on July 11, 2025. These structured investments are designed for investors seeking contingent interest payments, which are dependent on the performance of the individual reference stocks relative to their initial values and specific interest barriers. The notes will be automatically called if the stock prices meet certain conditions on review dates, with the first possible call date being October 8, 2024. Investors are warned of the risks, including the potential loss of principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The offering, which priced on July 8, 2024, is expected to settle around July 11, 2024, with CUSIP number 48135PDR9.