share_log

424B2: Prospectus

SEC announcement ·  Jun 29 05:20
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 Large-Cap Vol Advantage Index, with a maturity date of August 5, 2027. 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 reaches a specified level on any review date, with the first possible call date on January 31, 2025. The notes carry a 6.0% per annum daily deduction from the index level, which may impact performance. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected...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 Large-Cap Vol Advantage Index, with a maturity date of August 5, 2027. 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 reaches a specified level on any review date, with the first possible call date on January 31, 2025. The notes carry a 6.0% per annum daily deduction from the index level, which may impact performance. 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 31, 2024, and settle on or about August 5, 2024. Investing in the notes involves a number of risks, including the potential loss of principal and the possibility that no contingent interest payments will be made. The notes are not bank deposits, are not insured by the FDIC or any other governmental agency, and are not guaranteed by a bank. The offering is subject to completion, with a preliminary pricing supplement dated June 27, 2024, and is not an offer to sell nor a solicitation of an offer to buy in any jurisdiction where the offer or sale is not permitted.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.