Summary by Moomoo AI
On July 24, 2024, JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., priced $1,100,000 in Capped Dual Directional Buffered Equity Notes linked to the Russell 2000 Index, set to mature on July 29, 2026. These notes are designed for investors seeking exposure to the Russell 2000 Index with a capped potential return and buffered loss. The notes offer a maximum upside return of 14.75% and a buffer amount of 30.00% against losses, with investors risking up to 70% of their principal. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The pricing supplement is part of Product Supplement No. 4-I dated April 13, 2023, and the notes are expected to settle on or about July 29, 2024. The notes are not bank deposits and are not insured by the FDIC or any other governmental agency.