JPMorgan Chase Issues Auto Callable Notes Linked to Palantir Technologies Inc.
JPMorgan Chase & Co. has issued Auto Callable Contingent Interest Notes Linked to the Class A Common Stock of Palantir Technologies Inc.
The notes, with a total value of $1,104,000, are designed for investors seeking a Contingent Interest Payment with respect to each Review Date if the closing price of one share of PLTR is greater than or equal to 50.00% of the Initial Value, or $88.82.
The notes will be automatically called if the closing price of one share of PLTR on any Review Date (other than the final Review Date) is greater than or equal to the Initial Value, which is $177.64. The earliest date for automatic call initiation is December 18, 2026.
The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, with a minimum denomination of $1,000 and integral multiples thereof. Any payment on the notes is subject to the credit risk of JPMorgan Financial, as issuer, and the credit risk of JPMorgan Chase & Co., as guarantor.