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424B2: Prospectus

SEC announcement ·  17:24
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product. The offering, priced on July 23, 2024, consists of $632,000 Buffered Digital Notes linked to the performance of the NASDAQ-100 Index, the Russell 2000 Index, and the S&P 500 Index, with maturity due on August 28, 2025. These notes are designed for investors seeking a fixed return of 9.15% at maturity if the final value of the least performing index is not less than its initial value or is within a 15% decline. Investors are warned of the potential loss of up to 85% of their principal if the final index value falls beyond the buffer amount. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product. The offering, priced on July 23, 2024, consists of $632,000 Buffered Digital Notes linked to the performance of the NASDAQ-100 Index, the Russell 2000 Index, and the S&P 500 Index, with maturity due on August 28, 2025. These notes are designed for investors seeking a fixed return of 9.15% at maturity if the final value of the least performing index is not less than its initial value or is within a 15% decline. Investors are warned of the potential loss of up to 85% of their principal if the final index value falls beyond the buffer amount. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, which are not bank deposits, carry the credit risk of both the issuer and the guarantor. They were expected to settle on or about July 26, 2024, with a minimum investment of $1,000. The investment involves significant risks, as detailed in the accompanying prospectus supplement and product supplement. The estimated value of the notes at the time of pricing was $974.90 per $1,000 principal amount note.

This announcement is a separate document:

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