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424B2: Prospectus

SEC ·  05:39

Summary by Futu AI

On October 31, 2024, JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., priced structured investment notes worth $206,000. These Auto Callable Contingent Interest Notes are linked to the MerQube US Large-Cap Vol Advantage Index and are due on November 4, 2027. The notes are designed to provide investors with a Contingent Interest Payment for each Review Date where the Index's closing level is at or above 60% of its Initial Value, known as the Interest Barrier. The notes will be automatically called if the Index's closing level on any Review Date, except the first and final ones, meets or exceeds the Initial Value. The first possible automatic call date is April 30, 2025. Investors are warned of the risk of...Show More
On October 31, 2024, JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., priced structured investment notes worth $206,000. These Auto Callable Contingent Interest Notes are linked to the MerQube US Large-Cap Vol Advantage Index and are due on November 4, 2027. The notes are designed to provide investors with a Contingent Interest Payment for each Review Date where the Index's closing level is at or above 60% of its Initial Value, known as the Interest Barrier. The notes will be automatically called if the Index's closing level on any Review Date, except the first and final ones, meets or exceeds the Initial Value. The first possible automatic call date is April 30, 2025. Investors are warned of the risk of losing some or all of their principal and the possibility of receiving no Contingent Interest Payment for some or all Review Dates. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes were expected to settle on or about November 5, 2024, with a minimum denomination of $1,000 and integral multiples thereof. The notes are not bank deposits, are not insured by the FDIC or any other governmental agency, and are not guaranteed by a bank.

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