share_log

424B2: Prospectus

SEC announcement ·  16:52
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of August 13, 2029. The notes, designed for investors seeking quarterly Contingent Interest Payments when the Index closes above 50% of its Initial Value, will be automatically called if the Index's closing level on any annual Autocall Review Date meets or exceeds the Initial Value. The first possible automatic call date is August 8, 2025. The notes carry risks including the potential loss of principal and the possibility that no Contingent Interest Payments may be made. The Index includes a 6.0% per annum daily deduction, which may negatively...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of August 13, 2029. The notes, designed for investors seeking quarterly Contingent Interest Payments when the Index closes above 50% of its Initial Value, will be automatically called if the Index's closing level on any annual Autocall Review Date meets or exceeds the Initial Value. The first possible automatic call date is August 8, 2025. The notes carry risks including the potential loss of principal and the possibility that no Contingent Interest Payments may be made. The Index includes a 6.0% per annum daily deduction, which may negatively impact its performance. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., and subject to their credit risks. The notes are expected to price on or about August 8, 2024, with a settlement date on or about August 13, 2024. The CUSIP number is 48135PN80. Investing in the notes involves a number of risks detailed in the accompanying prospectus supplement and other offering documents. The SEC has not approved or disapproved the notes nor passed upon the accuracy of the pricing supplement. The notes are not bank deposits, are not FDIC insured, and are not guaranteed by any bank.
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