Summary by Moomoo AI
On August 1, 2024, JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., priced $2,293,000 of Uncapped Digital Barrier Notes linked to the least performing of the Dow Jones Industrial Average, the NASDAQ-100 Index, and the S&P 500 Index, with maturity due on August 6, 2029. The notes, fully and unconditionally guaranteed by JPMorgan Chase & Co., are designed for investors seeking uncapped exposure to the appreciation of the least performing index among the three, subject to a contingent minimum return of 51.90%. Investors should be willing to forgo interest and dividend payments and accept the risk of losing some or all of their principal amount at maturity. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments subject to the credit risk of both JPMorgan Financial as the issuer and JPMorgan Chase & Co. as the guarantor. The notes priced on August 1, 2024, are expected to settle on or about August 6, 2024.