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424B2: Prospectus

SEC ·  Aug 16 16:39
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of Capped Enhanced Participation Equity Notes due 2026, linked to the S&P 500 Index. The notes, which do not bear interest, offer a return based on the performance of the S&P 500 Index from the trade date, expected to be around August 20, 2024, to the determination date, set for June 17, 2026. The return is capped, with the maximum settlement amount expected to be between $1,205.50 and $1,241.50 per $1,000 principal amount note. If the final underlier level is less than the initial level, investors will experience a negative return and could lose their entire investment. The notes are subject to...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of Capped Enhanced Participation Equity Notes due 2026, linked to the S&P 500 Index. The notes, which do not bear interest, offer a return based on the performance of the S&P 500 Index from the trade date, expected to be around August 20, 2024, to the determination date, set for June 17, 2026. The return is capped, with the maximum settlement amount expected to be between $1,205.50 and $1,241.50 per $1,000 principal amount note. If the final underlier level is less than the initial level, investors will experience a negative return and could lose their entire investment. The notes are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value of the notes at the time of pricing is anticipated to be between $976.00 and $986.00 per $1,000 principal amount note. The notes are not bank deposits, are not FDIC insured, and are not guaranteed by a bank. The offering is detailed in a preliminary pricing supplement filed with the SEC, with the final terms to be set on the trade date. The notes are expected to be issued on or about August 27, 2024.
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