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424B2: Prospectus

SEC announcement ·  Jun 29 05:03
Summary by Futu AI
JPMorgan Chase Financial Company LLC has announced the issuance of Auto Callable Contingent Interest Notes, which are linked to the MerQube US Tech+ Vol Advantage Index and are due on August 3, 2029. These notes are designed for investors seeking contingent interest payments on specified review dates, provided the index's closing level is above a certain threshold. The notes will be automatically called if the index's level on any review date, excluding specific early and final dates, meets or exceeds the initial value. The first possible automatic call date is July 31, 2025. Investors are warned of the risks of losing their principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial...Show More
JPMorgan Chase Financial Company LLC has announced the issuance of Auto Callable Contingent Interest Notes, which are linked to the MerQube US Tech+ Vol Advantage Index and are due on August 3, 2029. These notes are designed for investors seeking contingent interest payments on specified review dates, provided the index's closing level is above a certain threshold. The notes will be automatically called if the index's level on any review date, excluding specific early and final dates, meets or exceeds the initial value. The first possible automatic call date is July 31, 2025. Investors are warned of the risks of losing their principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., and subject to their credit risks. The notes are expected to price on or about July 31, 2024, with a settlement date around August 5, 2024. The announcement emphasizes the investment risks involved and clarifies that the notes are not FDIC insured, nor are they bank deposits or obligations guaranteed by a bank.

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