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424B2: Prospectus

SEC ·  Aug 2 17:11

Summary by Moomoo AI

JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Step-Up Auto Callable Notes linked to the S&P Global 100 PR 5% Daily Risk Control 0.5% Deduction Index (USD) ER, with the notes fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors seeking an early exit at a premium if the Index reaches or exceeds a specified Call Value on any Review Date, excluding the final one. The notes offer a 100% Participation Rate and include a Call Premium Amount that increases progressively with each Review Date. The Pricing Date is set for August 29, 2024, with an Original Issue Date of September 4, 2024. The notes will be automatically called if the Index's...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Step-Up Auto Callable Notes linked to the S&P Global 100 PR 5% Daily Risk Control 0.5% Deduction Index (USD) ER, with the notes fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors seeking an early exit at a premium if the Index reaches or exceeds a specified Call Value on any Review Date, excluding the final one. The notes offer a 100% Participation Rate and include a Call Premium Amount that increases progressively with each Review Date. The Pricing Date is set for August 29, 2024, with an Original Issue Date of September 4, 2024. The notes will be automatically called if the Index's closing level on any Review Date is at or above the Call Value, resulting in a cash payment that includes the principal amount and the Call Premium Amount. If not automatically called, investors will receive at maturity a cash payment of the principal amount plus an Additional Amount, which may be zero, depending on the Index Return. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, subject to the credit risks of both the issuer and the guarantor. The notes are expected to price on August 29, 2024, and settle on September 4, 2024, with a maturity date of September 4, 2031. The notes do not pay interest and are not bank deposits, thus are not insured by any governmental agency.

This announcement is a separate document:

Doc 1

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
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