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