JPMorgan Introduces New Financial Product Linked to Affirm, MARA, and SoFi Stocks
JPMorgan Chase & Co. has introduced a new financial product called Auto Callable Contingent Interest Notes Linked to the Least Performing of Affirm Holdings, Inc., MARA Holdings, Inc., and SoFi Technologies, Inc.
The notes have a total value of $574,000 and are fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes are designed for investors who seek a Contingent Interest Payment with respect to each Review Date for which the closing price of one share of each Reference Stock is greater than or equal to 45.00% of its Strike Value, referred to as an Interest Barrier.