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424B2: Prospectus

SEC announcement ·  Jun 27 04:11
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Trigger Autocallable Contingent Yield Notes totaling $3,000,000. These unsecured debt securities are linked to the stock performance of CrowdStrike Holdings, Inc., Generac Holdings Inc., and Pinterest, Inc., with each note offering linked to a single company's stock. The notes are due on December 26, 2025, and offer a Contingent Coupon payment if the stock price of the underlying company is equal to or above a predetermined barrier on specified observation dates. If the stock price exceeds the initial value on any observation date, the notes will be automatically called, and JPMorgan will pay the principal amount plus the Contingent Coupon. If not called and the final...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Trigger Autocallable Contingent Yield Notes totaling $3,000,000. These unsecured debt securities are linked to the stock performance of CrowdStrike Holdings, Inc., Generac Holdings Inc., and Pinterest, Inc., with each note offering linked to a single company's stock. The notes are due on December 26, 2025, and offer a Contingent Coupon payment if the stock price of the underlying company is equal to or above a predetermined barrier on specified observation dates. If the stock price exceeds the initial value on any observation date, the notes will be automatically called, and JPMorgan will pay the principal amount plus the Contingent Coupon. If not called and the final stock price is above the downside threshold, the principal amount will be paid at maturity along with the Contingent Coupon. However, if the final stock price is below the downside threshold, investors will receive less than their principal amount, proportional to the stock price decline. The notes are subject to market risks and the creditworthiness of JPMorgan Financial and JPMorgan Chase & Co. The initial offering date was June 24, 2024, with an original issue date of June 27, 2024.

This announcement is a separate document:

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Doc 2

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