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