JPMorgan Chase & Co. (NYSE:JPM) is seeking acquisition opportunities. JPMorgan is offering depositary shares to public.

JPMorgan will use the net proceeds it receives from the sale of the securities offered by the prospectus and the applicable prospectus supplement for general corporate purposes. General corporate purposes may include the repayment of debt, investments in or extensions of credit to JPMorgan's subsidiaries, redemption of its securities or the financing of possible acquisitions or business expansion.