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424B2: Prospectus

SEC ·  Sep 19 18:19

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, which are linked to the performance of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the Russell 2000 Index. The notes are designed for investors seeking monthly Contingent Interest Payments, provided that each index's closing level is above 70% of its Initial Value on the respective Interest Review Dates. The notes will be automatically called if each index's closing level on any quarterly Autocall Review Date is at or above its Initial Value, with the first possible call date being September 23, 2025. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally...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, which are linked to the performance of the Dow Jones Industrial Average, the Nasdaq-100 Index, and the Russell 2000 Index. The notes are designed for investors seeking monthly Contingent Interest Payments, provided that each index's closing level is above 70% of its Initial Value on the respective Interest Review Dates. The notes will be automatically called if each index's closing level on any quarterly Autocall Review Date is at or above its Initial Value, with the first possible call date being September 23, 2025. 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 September 23, 2024, and settle on or about September 26, 2024, maturing on September 27, 2029. Investors are warned of the risks involved, including the potential loss of principal and the possibility of receiving no Contingent Interest Payments. The offering is detailed in a preliminary pricing supplement, subject to completion, and is not an offer to sell nor a solicitation of an offer to buy in any jurisdiction where such offer or sale is not permitted.

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