Summary by Moomoo AI
JPMorgan Chase & Co. has issued $500,000 in Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, due January 29, 2026. These 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 or exceeds a certain value. The notes were priced on July 24, 2024, and are expected to settle by July 29, 2024. Investors should be willing to forgo fixed interest and dividend payments, accept the risk of losing some or all of their principal, and understand that no contingent interest payment may be made for some or all review dates. The notes are unsecured and unsubordinated obligations, and their investment involves a number of risks detailed in the accompanying prospectus supplement, product supplement, and underlying supplement.