share_log

424B2: Prospectus

SEC ·  Aug 5 15:37
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the pricing of a new structured investment product. The offering, priced on August 1, 2024, consists of $1,000,000 Auto Callable Dual Directional Buffered Return Enhanced Notes, which are linked to the performance of the S&P 500 Index, the Russell 2000 Index, and the Nasdaq-100 Index. The notes are due on August 5, 2027, with a review date set for August 8, 2025, to determine if an automatic call is warranted. The notes are designed to provide investors with the potential for an early exit at a premium if the indices perform favorably, or a return linked to the least performing index at maturity, subject to certain conditions. Investors should be aware that they...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the pricing of a new structured investment product. The offering, priced on August 1, 2024, consists of $1,000,000 Auto Callable Dual Directional Buffered Return Enhanced Notes, which are linked to the performance of the S&P 500 Index, the Russell 2000 Index, and the Nasdaq-100 Index. The notes are due on August 5, 2027, with a review date set for August 8, 2025, to determine if an automatic call is warranted. The notes are designed to provide investors with the potential for an early exit at a premium if the indices perform favorably, or a return linked to the least performing index at maturity, subject to certain conditions. Investors should be aware that they risk losing up to 85% of their principal if the indices perform poorly. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, which are not bank deposits, are not insured by the FDIC or any other governmental agency. The offering includes minimum denominations of $1,000 and integral multiples thereof. The estimated value of the notes at the time of pricing was $973.90 per $1,000 principal amount note. The notes are expected to settle on or about August 6, 2024.
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