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424B2: Prospectus

SEC ·  03:22
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a maturity date of October 2, 2029. The notes, designed for investors seeking contingent interest payments based on the index level, will be automatically called if the index reaches the initial value on any review date, with the first possible call date on September 29, 2025. The notes carry risks including the potential loss of up to 85% of principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., with a minimum denomination of $1,000. The pricing date is expected on or...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a maturity date of October 2, 2029. The notes, designed for investors seeking contingent interest payments based on the index level, will be automatically called if the index reaches the initial value on any review date, with the first possible call date on September 29, 2025. The notes carry risks including the potential loss of up to 85% of principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., with a minimum denomination of $1,000. The pricing date is expected on or about September 27, 2024, with settlement around October 2, 2024. The offering is subject to risks detailed in the accompanying prospectus supplement and other offering documents. The notes are not FDIC insured and involve credit risks of both the issuer and guarantor. The estimated value of the notes at pricing is approximately $915.50 per $1,000 principal amount, which is lower than the original issue price due to selling, structuring, and hedging costs.

This announcement is a separate document:

Doc 1

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