Summary by Moomoo AI
JPMorgan Chase Financial Company LLC has launched a new structured investment product, the Auto Callable Contingent Interest Notes, linked to the MerQube US Tech+ Vol Advantage Index, with a total issue size of $2,167,000. The notes, which are due on April 28, 2027, offer investors the potential for contingent interest payments if the Index closes at or above a certain level on review dates. The notes will be automatically called if the Index reaches or exceeds the initial value on any review date, excluding the first six and the final review dates. The first possible automatic call date is set for October 23, 2024. These unsecured and unsubordinated obligations are fully and unconditionally guaranteed by JPMorgan Chase & Co. and involve risks including the potential loss...Show More