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 Buffered Return Enhanced Notes, which are linked to the performance of the lesser performing of the Russell 2000 Index and the S&P 500 Index. These structured investments are designed for investors seeking a return of at least 1.27 times any appreciation or a capped return equal to the absolute value of any depreciation, up to a 15% buffer amount, of the referenced indices at maturity. The notes, which are unsecured and unsubordinated obligations, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The offering is subject to completion, with an expected pricing date on or about August 30, 2024, and a settlement date on...Show More