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424B2: Prospectus

SEC ·  Sep 28 04:24

Summary by Futu AI

JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a total value of $378,000, maturing on September 28, 2029. The notes, guaranteed by JPMorgan Chase & Co., offer investors potential contingent interest payments if the Index's closing level on review dates meets specified criteria. The notes will be automatically called if the Index's level on any review date exceeds the initial value, terminating further payments. The notes are designed for investors willing to risk losing up to 70% of their principal in exchange for potential higher returns. The notes were priced on September 25, 2024, and are expected to settle by September 30, 2024. The...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a total value of $378,000, maturing on September 28, 2029. The notes, guaranteed by JPMorgan Chase & Co., offer investors potential contingent interest payments if the Index's closing level on review dates meets specified criteria. The notes will be automatically called if the Index's level on any review date exceeds the initial value, terminating further payments. The notes are designed for investors willing to risk losing up to 70% of their principal in exchange for potential higher returns. The notes were priced on September 25, 2024, and are expected to settle by September 30, 2024. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, subject to credit risks of both the issuer and the guarantor. The Index reflects a 6.0% per annum deduction and the performance of the QQQ Fund is subject to a notional financing cost, both of which may impact the performance of the Index and the potential returns on the notes.

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