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 preliminary pricing supplement dated June 27, 2024. The notes, which are designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index reaches a specified level on any review date, with the first possible call date on July 31, 2025. The notes carry a 6.0% per annum daily deduction from the index level, which may impact performance. They are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., with a minimum denomination of $1,000 and multiples thereof. The pricing date is...Show More

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 preliminary pricing supplement dated June 27, 2024. The notes, which are designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index reaches a specified level on any review date, with the first possible call date on July 31, 2025. The notes carry a 6.0% per annum daily deduction from the index level, which may impact performance. They are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., with a minimum denomination of $1,000 and multiples thereof. The pricing date is expected on or about July 31, 2024, with settlement around August 5, 2024. The notes are not bank deposits, are not FDIC insured, and involve a number of risks detailed in the accompanying prospectus supplement and other offering documents. The notes are expected to price at $1,000 per note with an estimated value of approximately $928.20 per note at issuance. The notes are not listed on any securities exchange, suggesting that their liquidity may be limited.