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424B2: Prospectus

SEC announcement ·  16:24
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Digital Buffered Notes linked to the S&P 500 Index, with a maturity date of August 20, 2025. The notes, designed for investors seeking a fixed return of at least 8.45% if certain conditions of the S&P 500 Index are met, are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co. The notes are subject to market risks and credit risks of both the issuer and the guarantor. The offering is detailed in a preliminary pricing supplement, which is subject to completion and may be changed. The notes have minimum denominations of $10,000 and are in multiples of $1,000 thereafter. The pricing supplement is linked to a prospectus...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Digital Buffered Notes linked to the S&P 500 Index, with a maturity date of August 20, 2025. The notes, designed for investors seeking a fixed return of at least 8.45% if certain conditions of the S&P 500 Index are met, are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co. The notes are subject to market risks and credit risks of both the issuer and the guarantor. The offering is detailed in a preliminary pricing supplement, which is subject to completion and may be changed. The notes have minimum denominations of $10,000 and are in multiples of $1,000 thereafter. The pricing supplement is linked to a prospectus dated April 13, 2023, and other related documents. The Strike Date for the Index Level is set for August 2, 2024, with the Pricing Date around August 5, 2024, and the Original Issue Date around August 8, 2024. The notes are not bank deposits, are not FDIC insured, and involve investment risks, including the potential loss of principal. The SEC has not approved or disapproved the notes nor passed upon the accuracy of the supplements. The notes are not designed to be short-term trading instruments, and secondary market prices are expected to be lower than the original issue price due to various factors including JPMorgan's creditworthiness and market conditions.
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