share_log

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

SEC announcement ·  May 4 05:12
Summary by Futu AI
JPMorgan Chase Financial Company LLC, with JPMorgan Chase & Co. as the guarantor, has announced the offering of North America Structured Investments 13m RTY/SPX Capped Dual Directional Buffered Equity Notes. These notes, with a minimum denomination of $1,000, are linked to the performance of the Russell 2000 Index and the S&P 500 Index. The pricing date is set for May 31, 2024, with an observation date of June 30, 2025, and maturity date of July 3, 2025. The notes offer a maximum upside return of at least 20.50% and include a 10.00% buffer amount. The payment at maturity varies depending on the final value of the underlyings, with different scenarios outlined for gains and losses relative to the initial values of the underlyings. The estimated value of the notes at the...Show More
JPMorgan Chase Financial Company LLC, with JPMorgan Chase & Co. as the guarantor, has announced the offering of North America Structured Investments 13m RTY/SPX Capped Dual Directional Buffered Equity Notes. These notes, with a minimum denomination of $1,000, are linked to the performance of the Russell 2000 Index and the S&P 500 Index. The pricing date is set for May 31, 2024, with an observation date of June 30, 2025, and maturity date of July 3, 2025. The notes offer a maximum upside return of at least 20.50% and include a 10.00% buffer amount. The payment at maturity varies depending on the final value of the underlyings, with different scenarios outlined for gains and losses relative to the initial values of the underlyings. The estimated value of the notes at the time of setting the terms will be no less than $900.00 per $1,000 principal amount note. Investors are warned that the notes may result in a loss, do not guarantee a return of principal, and are subject to the credit risks of the issuer and guarantor. Additionally, there are no interest or dividend payments, and the notes lack liquidity, with potential significant loss of principal if sold before maturity. The offering is detailed in a preliminary pricing supplement available on JPMorgan's website.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.