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 July 20, 2027. The notes, designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index reaches the initial value on any review date, with the first possible call date being January 15, 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 guaranteed by JPMorgan Chase & Co., with a minimum denomination of $1,000. The pricing date is expected to be on or...Show More