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424B2: Prospectus

SEC ·  Nov 23, 2024 05:33

Summary by Moomoo AI

On November 22, 2024, JPMorgan Chase Financial Company LLC announced the issuance of Performance Leveraged Upside Securities (PLUS) based on the S&P 500 Index, maturing on January 2, 2026. These securities offer a 200% leverage on positive index performance, with a maximum payment cap of at least $1,116 per $1,000 principal. However, they carry principal risk, as investors may lose 1% for every 1% decline in the index.The PLUS are unsecured obligations of JPMorgan Chase Financial, guaranteed by JPMorgan Chase & Co. They are not listed on any exchange, and secondary market trading may be limited. The estimated value of the PLUS will be provided in the pricing supplement, with a minimum value of $950 per $1,000 principal.Investors should consider the risks, including credit risk and potential loss of principal, and consult advisors regarding tax implications. The PLUS are designed for those seeking equity-based returns with leverage, willing to forgo current income and accept potential losses.
On November 22, 2024, JPMorgan Chase Financial Company LLC announced the issuance of Performance Leveraged Upside Securities (PLUS) based on the S&P 500 Index, maturing on January 2, 2026. These securities offer a 200% leverage on positive index performance, with a maximum payment cap of at least $1,116 per $1,000 principal. However, they carry principal risk, as investors may lose 1% for every 1% decline in the index.The PLUS are unsecured obligations of JPMorgan Chase Financial, guaranteed by JPMorgan Chase & Co. They are not listed on any exchange, and secondary market trading may be limited. The estimated value of the PLUS will be provided in the pricing supplement, with a minimum value of $950 per $1,000 principal.Investors should consider the risks, including credit risk and potential loss of principal, and consult advisors regarding tax implications. The PLUS are designed for those seeking equity-based returns with leverage, willing to forgo current income and accept potential losses.
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