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424B2: Prospectus

SEC announcement ·  Jul 10 10:49
Summary by Moomoo AI
JPMorgan Chase & Co. has announced the issuance of Auto Callable Dual Directional Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of July 14, 2026. The notes, which are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer investors the potential for an uncapped return on any appreciation of the S&P 500 Index at maturity, or a return equal to the absolute value of any depreciation up to 20%. However, if the Index depreciates by more than 20%, investors could lose a significant portion, or all, of their principal. The notes will be automatically called if the Index is equal to or above the strike level on...Show More
JPMorgan Chase & Co. has announced the issuance of Auto Callable Dual Directional Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of July 14, 2026. The notes, which are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer investors the potential for an uncapped return on any appreciation of the S&P 500 Index at maturity, or a return equal to the absolute value of any depreciation up to 20%. However, if the Index depreciates by more than 20%, investors could lose a significant portion, or all, of their principal. The notes will be automatically called if the Index is equal to or above the strike level on the Review Date, with investors receiving a cash payment plus a minimum call premium of 9%. The notes are set to price on or about July 10, 2024, with an original issue date on or about July 15, 2024. The notes are designed for investors willing to forgo interest and dividend payments and to take on the risk of potential loss of principal in exchange for the possibility of positive returns linked to the S&P 500 Index performance.
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