share_log

424B2: Prospectus

SEC announcement ·  Jun 29 04:47
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of July 19, 2029. These notes are designed for investors seeking an early exit at a premium if the Index reaches or exceeds the Call Value on any Review Date, starting January 15, 2025. The notes are unsecured, unsubordinated obligations guaranteed by JPMorgan Chase & Co., and involve a 6.0% per annum daily deduction from the Index, which may affect the performance of the investment. The notes, with minimum denominations of $1,000, are expected to price around July 15, 2024, and settle shortly thereafter on July 17, 2024. Investing in the notes carries several risks, as detailed...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of July 19, 2029. These notes are designed for investors seeking an early exit at a premium if the Index reaches or exceeds the Call Value on any Review Date, starting January 15, 2025. The notes are unsecured, unsubordinated obligations guaranteed by JPMorgan Chase & Co., and involve a 6.0% per annum daily deduction from the Index, which may affect the performance of the investment. The notes, with minimum denominations of $1,000, are expected to price around July 15, 2024, and settle shortly thereafter on July 17, 2024. Investing in the notes carries several risks, as detailed in the accompanying prospectus supplements and the pricing supplement. The Securities and Exchange Commission has not approved or disapproved the notes, nor have they passed upon the accuracy or adequacy of the disclosures. The estimated value of the notes at pricing is approximately $887.50 per $1,000 principal amount, with a minimum estimated value of $870.00 per note. The notes are not bank deposits, are not FDIC insured, and are not guaranteed by any bank.

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