JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of August 6, 2026. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., offer investors the potential for a return linked to the performance of the S&P 500 Index, with a minimum contingent return of at least 19.72% if not automatically called. The notes will be automatically called if the Index is at or above the strike level on the review date, with investors receiving a call premium of at least 9.86%. If not called and the Index ends at or above the strike level, investors...Show More

JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Contingent Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of August 6, 2026. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., offer investors the potential for a return linked to the performance of the S&P 500 Index, with a minimum contingent return of at least 19.72% if not automatically called. The notes will be automatically called if the Index is at or above the strike level on the review date, with investors receiving a call premium of at least 9.86%. If not called and the Index ends at or above the strike level, investors will receive the greater of the contingent minimum return or the Index return. However, if the Index ends below 85% of the strike level, investors risk losing more than 15% of their principal, potentially the entire amount. The notes are set to price around August 5, 2024, with a minimum denomination of $10,000 and multiples of $1,000 thereafter. The offering highlights the risks involved, including credit risk and market volatility, and advises investors to consult with financial advisors. The SEC has not approved or disapproved the notes, which are not bank deposits and are not insured by any governmental agency.