Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Capped Accelerated Barrier Notes linked to the performance of the Russell 2000 Index and the S&P 500 Index, with a maturity date of October 3, 2025. The notes, which are designed for investors seeking a return of 1.25 times any appreciation of the lesser performing index up to a maximum return of 18.25%, are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about August 30, 2024, with a settlement date on or about September 5, 2024. Investors are warned of the risks involved, including the potential loss of principal, and are advised to consider the 'Risk Factors' detailed in the accompanying prospectus supplement and product supplement. The SEC has not approved or disapproved of the notes, nor have they passed upon the accuracy or adequacy of the pricing supplement. The notes are not bank deposits, are not FDIC insured, and involve a number of risks as detailed in the offering documents.
