Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., has announced the offering of 5-year SPXFP Buffered Return Enhanced Notes. The notes are linked to the S&P 500 Futures Excess Return Index with a minimum denomination of $1,000. The Upside Leverage Factor is at least 1.75, and the Buffer Amount is 20%. The estimated value of the notes will not be less than $920 per $1,000 principal amount.Investors will receive a cash payment at maturity if the Final Value of the Underlying exceeds its Initial Value, multiplied by the Upside Leverage Factor. If the Underlying declines beyond the Buffer Amount, investors will lose 1% of the principal for every 1% decline. The notes are subject to JPMorgan's credit risk.Potential risks include market disruptions, lack of liquidity, and potential conflicts of interest. The estimated value of the notes is lower than the original issue price. Investors should consult their tax advisers regarding U.S. federal income tax consequences.
