Summary by Moomoo AI
On July 24, 2024, JPMorgan Chase Financial Company LLC, a wholly-owned subsidiary of JPMorgan Chase & Co., priced $1,145,000 in Capped Dual Directional Buffered Equity Notes linked to the NASDAQ-100 Index, with a maturity date of July 29, 2026. The notes are designed for investors seeking exposure to the NASDAQ-100 Index with a capped potential upside and downside, providing a maximum upside return of 14.00% and a buffer amount of 30.00%. Investors should be willing to forgo dividends and interest, and accept the risk of losing up to 70% of their principal. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are subject to the credit risk of both entities. The pricing supplement is related to product supplement no. 4-I dated April 13, 2023, and the prospectus addendum dated June 3, 2024. The notes were priced on July 24, 2024, and are expected to settle on or about July 29, 2024.