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424B2: Prospectus

SEC announcement ·  Jul 26 17:14
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new financial instrument called Auto Callable Buffered Return Enhanced Notes, linked to the Nasdaq-100 Index, with a total issue size of $500,000. The notes, priced at $1,000 each on July 24, 2024, are designed to provide investors with the potential for an early exit at a premium if the Nasdaq-100 Index reaches or exceeds a specified Call Value on the Review Date of July 29, 2025. Additionally, if not automatically called, the notes offer an uncapped return of 1.50 times any appreciation of the Index at maturity on July 27, 2027. Investors should note that these notes do not guarantee principal repayment and may result in a loss of up to 85% of the...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new financial instrument called Auto Callable Buffered Return Enhanced Notes, linked to the Nasdaq-100 Index, with a total issue size of $500,000. The notes, priced at $1,000 each on July 24, 2024, are designed to provide investors with the potential for an early exit at a premium if the Nasdaq-100 Index reaches or exceeds a specified Call Value on the Review Date of July 29, 2025. Additionally, if not automatically called, the notes offer an uncapped return of 1.50 times any appreciation of the Index at maturity on July 27, 2027. Investors should note that these notes do not guarantee principal repayment and may result in a loss of up to 85% of the principal if the Index performs poorly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The offering involves risks, as detailed in the 'Risk Factors' section of the accompanying prospectus supplement and other related documents. The notes are not bank deposits, are not FDIC insured, and involve credit risk of the issuer and guarantor. The estimated value of the notes at the time of pricing was $981.00 per $1,000 principal amount note.

This announcement is a separate document:

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