UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 17, 2018
JPMorgan Chase & Co.
(Exact name of registrant as specified in its charter)
Delaware | 1-5805 | 13-2624428 |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. employer identification no.) |
270 Park Avenue, New York, New York | 10017 | |
(Address of principal executive offices) | (Zip Code) | |
Registrant’s telephone number, including area code: (212) 270-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On October 17, 2018, JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) issued a further reminder to the holders of the outstanding warrants to purchase common stock of JPMorgan Chase that the warrants will expire on Sunday, October 28, 2018. Because this expiration date is not a trading day on the New York Stock Exchange (“NYSE”), the warrants will not be exercisable after the cutoff time for exercises on Friday, October 26, 2018 set by the Depository Trust & Clearing Corporation (“DTCC”).
The NYSE has notified the Firm that it will suspend trading in the warrants after the close of trading on Tuesday, October 23, 2018 so that all trades can be settled by Friday, October 26, 2018. Any warrant not exercised prior to DTCC’s cutoff time on October 26, 2018 will expire and become void, and the holder will not receive any shares of JPMorgan Chase common stock.
A copy of the press release relating to this reminder is attached hereto as Exhibit 99.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description of Exhibit | |
99 | ||
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
JPMorgan Chase & Co. |
(Registrant) |
By: | /s/ Jordan A. Costa |
Jordan A. Costa | |
Managing Director | |
Dated: | October 17, 2018 |
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Exhibit 99
JPMorgan Chase & Co
270 Park Avenue, New York, NY 10017-2070
NYSE symbol: JPM
www.jpmorganchase.com
News release: IMMEDIATE RELEASE
JPMorgan Chase Issues Reminder Concerning Expiration of Warrants
New York, October 17, 2018 - JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) today issued a further reminder to the holders of the outstanding warrants to purchase common stock of JPMorgan Chase (NYSE: JPM/WS) that the warrants will expire on Sunday, October 28, 2018. Because this expiration date is not a trading day on the NYSE, the warrants will not be exercisable after the cutoff time for exercises on Friday, October 26, 2018 set by the Depository Trust & Clearing Corporation (“DTCC”).
The NYSE has notified the Firm that it will suspend trading in the warrants after the close of trading on Tuesday, October 23, 2018 so that all trades can be settled by Friday, October 26, 2018.
Any warrant not exercised prior to DTCC’s cutoff time on October 26, 2018 will expire and become void, and the holder will not receive any shares of JPMorgan Chase common stock.
As of September 30, 2018, there were approximately 7.7 million warrants outstanding. The warrants have an exercise price of $41.472 per share.
Holders of warrants who wish to exercise their warrants should contact the broker or custodian through which they hold their warrants for instructions on how to exercise the warrants. Brokers and custodians are encouraged to contact the warrant agent, Computershare Inc (telephone: 800-546-5141), or DTCC well in advance of the expiration date and DTCC’s cutoff time on October 26, 2018 to confirm the procedures for exercising warrants.
Further information regarding the warrants is available on the Firm’s website at www.jpmorganchase.com, under the heading Investor Relations, Shareholder Information: “Warrant Information.”
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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Investor Contact: | Jason Scott | Media Contact: | Joseph Evangelisti | |
212-270-7325 | 212-270-7438 | |||