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424B2: Prospectus

SEC announcement ·  Jun 27 18:10
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Interest Notes linked to the MerQube US Small-Cap Vol Advantage Index, with a maturity date of July 31, 2029. The notes, which are designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index's closing level on any review date, excluding the first, second, third, and final review dates, is at or above its initial value. The earliest an automatic call can be initiated is July 28, 2025. The notes carry risks including the potential loss of principal and the possibility that no contingent interest payments may be made. The notes...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Interest Notes linked to the MerQube US Small-Cap Vol Advantage Index, with a maturity date of July 31, 2029. The notes, which are designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index's closing level on any review date, excluding the first, second, third, and final review dates, is at or above its initial value. The earliest an automatic call can be initiated is July 28, 2025. The notes carry risks including the potential loss of principal and the possibility that no contingent interest payments may be made. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about July 26, 2024, and settle on or about July 31, 2024. The announcement also highlights the risks involved in investing in the notes and clarifies that they are not bank deposits, nor are they insured by any governmental agency.

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