Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a preliminary pricing supplement dated August 2, 2024. These structured investments are designed for investors seeking the option for an early exit at a premium if the Index meets specified levels on Review Dates, with the first possible automatic call date being August 29, 2025. The notes, which are unsecured and unsubordinated obligations, carry a 6.0% per annum daily deduction from the Index and are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about August 27, 2024, with a settlement date on or about August 30, 2024. The notes are...Show More