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424B2: Prospectus

SEC announcement ·  Jun 29 04:48
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, except the first and final, meets or exceeds its initial value. The earliest call date is January 27, 2025. The notes carry risks including the potential loss of principal and the possibility that no contingent interest payments will be made. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with...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, except the first and final, meets or exceeds its initial value. The earliest call date is January 27, 2025. The notes carry risks including the potential loss of principal and the possibility that no contingent interest payments will 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 offering is subject to a 6.0% per annum daily deduction from the index, which will affect the performance of the notes. Investors should be aware of the risks detailed in the accompanying prospectus supplement and the product supplement, including credit risks associated with JPMorgan Financial and JPMorgan Chase & Co.

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