Summary by Moomoo AI
JPMorgan Chase & Co. has issued $500,000 Auto Callable Contingent Interest Notes linked to the Class A Common Stock of Snap Inc., due August 18, 2027. These notes, fully guaranteed by JPMorgan Chase & Co., are designed for investors seeking a Contingent Interest Payment with respect to each monthly Interest Review Date, provided the closing price of Snap Inc.'s stock is above 60% of the Strike Value, termed as the Interest Barrier. The notes will be automatically called if Snap Inc.'s stock price on any quarterly Autocall Review Date exceeds the Strike Value. The earliest date for an automatic call is February 13, 2025. Investors should be willing to accept the risk of losing their principal and the possibility of no Contingent Interest Payments for some...Show More