Summary by Moomoo AI
On November 22, 2024, JPMorgan Chase Financial Company LLC announced the issuance of Capped Dual Directional Buffered Equity Notes linked to the S&P 500 Index, maturing on January 27, 2026. These notes offer investors an unleveraged return based on the S&P 500 Index's performance, with a Maximum Upside Return of at least 6.96% and a Buffer Amount of 20.00%.Investors will forgo interest and dividend payments and may lose principal if the Ending Index Level is significantly below the Index Strike Level. The notes are unsecured obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., and are subject to their credit risks. The minimum denomination is $10,000.The notes are not bank deposits and are not insured by the FDIC. The estimated value of the notes will be provided in the pricing supplement, with a minimum value of $970 per $1,000 principal amount note.
