share_log

424B2: Prospectus

SEC announcement ·  Jun 27 18:03
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of structured investment Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a preliminary pricing supplement dated June 26, 2024. The notes, which are designed for investors seeking an early exit at a premium before maturity, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, unsubordinated obligations with a minimum denomination of $1,000 and multiples thereof. The notes are expected to price on or about June 27, 2024, and settle on or about July 2, 2024. They carry a 6.0% per annum daily deduction from the Index and are subject to credit risks of both JPMorgan Financial and JPMorgan Chase & Co. The notes...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of structured investment Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a preliminary pricing supplement dated June 26, 2024. The notes, which are designed for investors seeking an early exit at a premium before maturity, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, unsubordinated obligations with a minimum denomination of $1,000 and multiples thereof. The notes are expected to price on or about June 27, 2024, and settle on or about July 2, 2024. They carry a 6.0% per annum daily deduction from the Index and are subject to credit risks of both JPMorgan Financial and JPMorgan Chase & Co. The notes do not pay interest and investors should be willing to forgo dividend payments and accept the risk of losing their principal. The notes are not bank deposits, are not FDIC insured, and are not guaranteed by a bank. The estimated value of the notes at pricing is approximately $923.50 per $1,000 principal amount note, with a minimum estimated value of $900.00 per note. The notes are not listed on any securities exchange, and their secondary market price will likely be lower than the original issue price due to various economic and market factors.

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