JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has structured a new investment product linked to the MerQube US Tech+ Vol Advantage Index. The product, known as Review Notes, is designed for investors seeking the potential for early exit at a premium if the Index performs favorably on predetermined Review Dates. The notes, with a total value of $2,465,000, are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co. They offer a Call Premium Amount on each Review Date, starting from 16.70% of $1,000 on the first date to 83.50% on the final date. The notes are set to price on September 25, 2024, with an expected settlement date around September 30, 2024, and mature on September 28, 2029. Automatic calls may be triggered if the Index...Show More

JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has structured a new investment product linked to the MerQube US Tech+ Vol Advantage Index. The product, known as Review Notes, is designed for investors seeking the potential for early exit at a premium if the Index performs favorably on predetermined Review Dates. The notes, with a total value of $2,465,000, are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co. They offer a Call Premium Amount on each Review Date, starting from 16.70% of $1,000 on the first date to 83.50% on the final date. The notes are set to price on September 25, 2024, with an expected settlement date around September 30, 2024, and mature on September 28, 2029. Automatic calls may be triggered if the Index's closing level meets or exceeds the Call Value on any Review Date, resulting in a cash payment plus the applicable Call Premium Amount. If not automatically called and the Final Value is less than the Initial Value by more than the Buffer Amount, investors will receive a reduced payment at maturity. The notes are subject to a 6.0% per annum daily deduction from the Index and a notional financing cost for the QQQ Fund, which may impact returns. The notes do not pay interest and are not insured by any governmental agency. The estimated value of the notes at issuance is $907.30 per $1,000 principal amount, which is lower than the public offering price due to various costs, including dealer commissions and hedging expenses.