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424B2: Prospectus

SEC announcement ·  Jul 10 15:08
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of structured investment notes linked to the S&P 500 Index, with a maturity date of July 14, 2027. The notes, which are designed for investors seeking exposure to the performance of the S&P 500, offer a minimum participation rate of 65.00% of any index appreciation. However, if the participation rate is below 100% and the index appreciates, the payout will not fully reflect the index's performance. Investors will not receive interest or dividend payments and must be willing to forgo these for the potential of full principal repayment at maturity. The notes are unsecured and unsubordinated, with JPMorgan Chase & Co. providing a full and unconditional guarantee...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of structured investment notes linked to the S&P 500 Index, with a maturity date of July 14, 2027. The notes, which are designed for investors seeking exposure to the performance of the S&P 500, offer a minimum participation rate of 65.00% of any index appreciation. However, if the participation rate is below 100% and the index appreciates, the payout will not fully reflect the index's performance. Investors will not receive interest or dividend payments and must be willing to forgo these for the potential of full principal repayment at maturity. The notes are unsecured and unsubordinated, with JPMorgan Chase & Co. providing a full and unconditional guarantee. The pricing date is expected to be around July 10, 2024, with settlement around July 15, 2024. The notes involve a number of risks, detailed in the accompanying prospectus supplement and product supplement. The SEC has not approved or disapproved of the notes, nor have they passed upon the accuracy or adequacy of the pricing supplement. The estimated value of the notes at the time of pricing is approximately $970.40 per $1,000 principal amount note, with a minimum estimated value of $950.00 per note. The notes are not bank deposits, are not FDIC insured, and involve credit risk from JPMorgan Financial and JPMorgan Chase & Co.

This announcement is a separate document:

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