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424B2: Prospectus

SEC announcement ·  Jul 10 15:40
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the pricing of its $100,000 Capped Notes linked to the Dow Jones Industrial Average, due on July 1, 2027. The notes, which are unsecured and unsubordinated obligations, offer investors exposure to the Dow Jones Industrial Average with a maximum return of 35.60% at maturity, while requiring investors to forgo interest and dividend payments and seek at least 95.00% repayment of principal at maturity. The notes are guaranteed by JPMorgan Chase & Co. and were priced on July 8, 2024, with a settlement date on or about July 11, 2024. The notes are subject to the credit risk of both the issuer and the guarantor, and investing in the notes involves a number of risks as...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the pricing of its $100,000 Capped Notes linked to the Dow Jones Industrial Average, due on July 1, 2027. The notes, which are unsecured and unsubordinated obligations, offer investors exposure to the Dow Jones Industrial Average with a maximum return of 35.60% at maturity, while requiring investors to forgo interest and dividend payments and seek at least 95.00% repayment of principal at maturity. The notes are guaranteed by JPMorgan Chase & Co. and were priced on July 8, 2024, with a settlement date on or about July 11, 2024. The notes are subject to the credit risk of both the issuer and the guarantor, and investing in the notes involves a number of risks as detailed in the accompanying prospectus supplement and other offering documents. The notes, which are not bank deposits and are not insured by any governmental agency, have a minimum denomination of $1,000 and integral multiples thereof. The Strike Value was determined based on the closing level of the Index on June 28, 2024, and the notes are expected to pay out based on the Final Value of the Index on the Observation Date of June 28, 2027, subject to a minimum payment of $950.00 per $1,000 principal amount note.
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