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424B2: Prospectus

SEC announcement ·  16:44
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Dual Directional Buffered Return Enhanced Notes linked to Amazon.com, Inc.'s common stock, set to mature on July 29, 2026. These structured investments offer investors the potential for leveraged returns based on Amazon's stock performance, with a minimum denomination of $10,000 and additional increments of $1,000. The notes will be automatically called if Amazon's stock price meets or exceeds the strike price on the review date, providing investors with a cash payment plus a minimum call premium of 13.25%. If not automatically called and Amazon's stock appreciates, investors will receive at least 1.5 times any appreciation. Conversely, if the stock depreciates, investors...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Auto Callable Dual Directional Buffered Return Enhanced Notes linked to Amazon.com, Inc.'s common stock, set to mature on July 29, 2026. These structured investments offer investors the potential for leveraged returns based on Amazon's stock performance, with a minimum denomination of $10,000 and additional increments of $1,000. The notes will be automatically called if Amazon's stock price meets or exceeds the strike price on the review date, providing investors with a cash payment plus a minimum call premium of 13.25%. If not automatically called and Amazon's stock appreciates, investors will receive at least 1.5 times any appreciation. Conversely, if the stock depreciates, investors will receive a return equal to the absolute value of any depreciation up to 30%. However, if the final stock price is more than 30% below the strike price, investors risk losing a significant portion, or all, of their principal. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., subject to their credit risks. The pricing date is set for on or about July 25, 2024, with the original issue date expected around July 30, 2024. The notes are not bank deposits and are not insured by the FDIC or any other governmental agency.

This announcement is a separate document:

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