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424B2: Prospectus

SEC announcement ·  Apr 24 23:08
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Capped Return Enhanced Notes linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the Nasdaq-100 Index. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., offer investors a return of four times any appreciation of the least performing index, up to a maximum return of at least 87.25% at maturity. The notes are designed for investors willing to forgo interest and dividend payments and accept the risk of losing some or all of their principal. The minimum investment is $1,000 with pricing expected on or about April 26, 2024, and settlement around May 1, 2024. The notes are subject to market...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Capped Return Enhanced Notes linked to the performance of the Dow Jones Industrial Average, the Russell 2000 Index, and the Nasdaq-100 Index. The notes, which are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., offer investors a return of four times any appreciation of the least performing index, up to a maximum return of at least 87.25% at maturity. The notes are designed for investors willing to forgo interest and dividend payments and accept the risk of losing some or all of their principal. The minimum investment is $1,000 with pricing expected on or about April 26, 2024, and settlement around May 1, 2024. The notes are subject to market risks and credit risks of both the issuer and guarantor. The SEC has not approved or disapproved of the notes, which are not bank deposits, are not FDIC insured, and do not guarantee bank obligations. The estimated value of the notes at pricing is approximately $945.60 per $1,000 principal amount, with a minimum estimated value of $920.00 per note. The final terms will be detailed in the pricing supplement.

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