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424B2: Prospectus

SEC announcement ·  13:20
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC has announced the offering of Capped Dual Directional Buffered Equity Notes, linked to the S&P 500 Index, with a maturity date of July 14, 2026. These notes, guaranteed by JPMorgan Chase & Co., are designed for investors seeking exposure to the S&P 500 Index's performance with capped potential returns and a buffer against potential losses. The notes offer a minimum 20.20% maximum upside return if the index appreciates, and a capped return equal to the absolute value of any depreciation, up to a 20.00% buffer amount, at maturity. Investors are warned that they may lose some or all of their principal if the index depreciates beyond the buffer amount, and that the notes do not pay interest or dividends...Show More
JPMorgan Chase Financial Company LLC has announced the offering of Capped Dual Directional Buffered Equity Notes, linked to the S&P 500 Index, with a maturity date of July 14, 2026. These notes, guaranteed by JPMorgan Chase & Co., are designed for investors seeking exposure to the S&P 500 Index's performance with capped potential returns and a buffer against potential losses. The notes offer a minimum 20.20% maximum upside return if the index appreciates, and a capped return equal to the absolute value of any depreciation, up to a 20.00% buffer amount, at maturity. Investors are warned that they may lose some or all of their principal if the index depreciates beyond the buffer amount, and that the notes do not pay interest or dividends. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, with any payments subject to the credit risks of both the issuer and the guarantor. The notes are expected to price on or about July 12, 2024, with settlement around July 17, 2024. The notes are not bank deposits, are not FDIC insured, and involve a number of risks detailed in the accompanying prospectus supplement and product supplement.
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