JPMorgan Chase Financial Company LLC has announced the offering of North America Structured Investments 3yr SPXFP Uncapped Accelerated Barrier Notes, with JPMorgan Chase & Co. acting as the guarantor. The notes are linked to the S&P 500 Futures Excess Return Index and offer a minimum denomination of $1,000. They feature an Upside Leverage Factor of at least 1.45 and a Barrier Amount set at 55.00% of the Initial Value. The notes are designed to pay at maturity based on the Final Value of the underlying index, with different scenarios affecting the payout. If the Final Value is above the Initial Value, investors will receive an enhanced return. If the Final Value is below the Initial Value but above the Barrier Amount, the principal is protected...Show More

JPMorgan Chase Financial Company LLC has announced the offering of North America Structured Investments 3yr SPXFP Uncapped Accelerated Barrier Notes, with JPMorgan Chase & Co. acting as the guarantor. The notes are linked to the S&P 500 Futures Excess Return Index and offer a minimum denomination of $1,000. They feature an Upside Leverage Factor of at least 1.45 and a Barrier Amount set at 55.00% of the Initial Value. The notes are designed to pay at maturity based on the Final Value of the underlying index, with different scenarios affecting the payout. If the Final Value is above the Initial Value, investors will receive an enhanced return. If the Final Value is below the Initial Value but above the Barrier Amount, the principal is protected. However, if the Final Value falls below the Barrier Amount, investors could lose a significant portion, up to all, of their principal. The notes are scheduled to price on August 15, 2024, with an Observation Date on August 16, 2027, and a Maturity Date on August 19, 2027. The estimated value of the notes at the time of setting terms will be no less than $950.00 per $1,000 principal amount note. Investors are warned of the credit risks associated with the issuer and guarantor, the lack of liquidity, potential conflicts of interest, and the tax consequences of the investment. The offering is detailed in a preliminary pricing supplement available through JPMorgan's website.