Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Uncapped Dual Directional Accelerated Barrier Notes linked to the S&P 500 Index, with a maturity date of September 5, 2029. These structured investments are designed for investors seeking a return of at least 1.06 times any appreciation of the S&P 500 Index at maturity, with a capped return on any depreciation up to 30% if the index's final value is at least 70% of its initial value. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., are expected to price on or about August 30, 2024, with a settlement date around September 5, 2024. The notes are subject to investment risks, which are detailed in the...Show More