share_log

424B2: Prospectus

SEC announcement ·  Jun 19 04:44
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Callable Contingent Interest Notes linked to the performance of three major indices: the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index. These notes are designed for investors seeking contingent interest payments, which are subject to the performance of the aforementioned indices. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with JPMorgan Chase & Co. providing a full and unconditional guarantee. The notes offer the potential for investors to receive interest payments if the closing level of each index is above 70% of its initial value on review dates. However, investors also face the risk of losing some or...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Callable Contingent Interest Notes linked to the performance of three major indices: the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index. These notes are designed for investors seeking contingent interest payments, which are subject to the performance of the aforementioned indices. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with JPMorgan Chase & Co. providing a full and unconditional guarantee. The notes offer the potential for investors to receive interest payments if the closing level of each index is above 70% of its initial value on review dates. However, investors also face the risk of losing some or all of their principal if the indices perform poorly. The notes may be redeemed early at JPMorgan's discretion on specified dates, with the earliest possible redemption date being December 27, 2024. The notes are expected to price on or about June 21, 2024, and settle on or about June 26, 2024. The announcement emphasizes the risks involved, including credit risk and market volatility, and notes that the securities are not FDIC insured. The preliminary pricing supplement filed with the SEC is subject to completion and is not an offer to sell the securities in any jurisdiction where the offer or sale is not permitted.

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