http://archive.fast-edgar.com/20240521/ABZ2462CZ222PZZ8222L2ZZ6Q2RFJK2SZ262
Filed on: May 21, 2024
The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.
Subject to completion dated May 20, 2024
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Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon
Linked to the Common Stock of Advanced Micro Devices, Inc.
Due June 3, 2027
PRODUCT CHARACTERISTICS
KEY TERMS (continued)
·Contingent Coupons with Memory Feature — If the Notes have not been automatically called, the investor will receive a Contingent Coupon on a quarterly Coupon Payment Date if... (continue reading...)May 2024
Preliminary Pricing Supplement No. 2,325 Registration Statement Nos. 333-275587; 333-275587-01Dated May 21, 2024Filed pursuant to Rule 424(b)(2)
Morgan Stanley Finance LLC
Structured Investments
Opportunities in U.S. and International Equities
Callable Contingent Income Securities due May 27, 2027
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