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FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC ·  Aug 19 06:03

Summary by Moomoo AI

JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of 18-month NDX Buffered Participation Securities tied to the Nasdaq-100 Index. The securities, which do not pay interest, offer investors the potential for an upside payment if the final index value is greater than the initial index value, with a maximum payment at maturity of at least $1,165.50 per security. However, if the index decreases by more than the buffer amount of 12.00%, investors could lose a significant portion of their principal, up to 88.00%. The securities are subject to the credit risk of both JPMorgan Financial as the issuer and JPMorgan Chase & Co. as the guarantor. The pricing date is expected to be on August 23, 2024, with the...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of 18-month NDX Buffered Participation Securities tied to the Nasdaq-100 Index. The securities, which do not pay interest, offer investors the potential for an upside payment if the final index value is greater than the initial index value, with a maximum payment at maturity of at least $1,165.50 per security. However, if the index decreases by more than the buffer amount of 12.00%, investors could lose a significant portion of their principal, up to 88.00%. The securities are subject to the credit risk of both JPMorgan Financial as the issuer and JPMorgan Chase & Co. as the guarantor. The pricing date is expected to be on August 23, 2024, with the valuation date set for February 23, 2026, and maturity date on February 26, 2026. The estimated value of the securities will be provided on the pricing date and is guaranteed to be no less than $940.00 per $1,000 stated principal amount security. Investors are advised to review the risks and tax considerations detailed in the accompanying preliminary pricing supplement and consult their tax adviser before investing.

This announcement is a separate document:

Doc 1

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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