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424B2: Prospectus

SEC announcement ·  Jun 15 04:46
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Accelerated Barrier Notes linked to the MerQube US Tech+ Vol Advantage Index, with a maturity date of July 1, 2027. The notes are designed for investors seeking an early exit at a premium if the Index reaches or exceeds the Call Value on the Review Date of June 27, 2025, or an uncapped return of three times any appreciation of the Index at maturity if not automatically called. The notes carry a 6.0% per annum daily deduction from the Index level and a notional financing cost on the QQQ Fund, which may affect the performance of the Index. The notes are unsecured and unsubordinated obligations guaranteed by...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Accelerated Barrier Notes linked to the MerQube US Tech+ Vol Advantage Index, with a maturity date of July 1, 2027. The notes are designed for investors seeking an early exit at a premium if the Index reaches or exceeds the Call Value on the Review Date of June 27, 2025, or an uncapped return of three times any appreciation of the Index at maturity if not automatically called. The notes carry a 6.0% per annum daily deduction from the Index level and a notional financing cost on the QQQ Fund, which may affect the performance of the Index. The notes are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., with a minimum denomination of $1,000. The pricing date is set for on or about June 26, 2024, with settlement on or about June 28, 2024. The notes do not guarantee a return of principal and carry the risk of losing some or all of the principal amount at maturity if the Final Value is less than the Barrier Amount. The notes are not bank deposits and are not insured by any governmental agency.

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