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424B2: Prospectus

SEC announcement ·  May 8 16:38
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of June 3, 2027. The notes, designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index reaches the initial value on any review date, with the first possible call date being November 29, 2024. Investors face the risk of losing up to 75% of their principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., with a minimum investment of $1,000. The pricing date is set for on or...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, with a maturity date of June 3, 2027. The notes, designed for investors seeking contingent interest payments based on the performance of the index, will be automatically called if the index reaches the initial value on any review date, with the first possible call date being November 29, 2024. Investors face the risk of losing up to 75% of their principal and the possibility of receiving no interest payments. The notes are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., with a minimum investment of $1,000. The pricing date is set for on or about May 28, 2024, with settlement expected on or about May 31, 2024. The offering is subject to risks including credit risk, market volatility, and the performance drag of a 6.0% per annum daily deduction from the index. The SEC has not approved or disapproved the notes, nor have they passed upon the accuracy of the pricing supplement. The estimated value of the notes is approximately $934.40 per $1,000 principal amount note, with the final terms to be provided in the pricing supplement.

This announcement is a separate document:

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