Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the pricing of its Auto Callable Contingent Interest Notes, which are linked to the Nasdaq-100 Technology Sector IndexSM and are due on June 11, 2025. The notes, priced at $360,000, are designed for investors seeking contingent interest payments based on the performance of the Index and are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes will be automatically called if the Index reaches the initial value on any Review Date, with the first possible call date being November 6, 2024. The notes were priced on May 6, 2024, and are expected to settle on May 9, 2024. They carry risks, including the potential loss of principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments subject to the credit risks of both JPMorgan Financial and JPMorgan Chase & Co. as guarantor. The notes are not bank deposits, are not insured by any governmental agency, and do not guarantee any return of principal.