Summary by Moomoo AI
JPMorgan Chase & Co. has issued $3,000,000 in Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of January 28, 2027. The notes, fully 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 calling if the index reaches or exceeds a specified level. The notes were priced on July 24, 2024, and are expected to settle on July 29, 2024. Investors should be willing to accept the risk of losing their principal and the possibility of no interest payments on certain review dates. The notes are unsecured and unsubordinated obligations, subject to credit risks of both JPMorgan Financial and JPMorgan Chase & Co. Minimum denominations are set at $1,000 with integral multiples thereof.
