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424B2: Prospectus

SEC announcement ·  Jun 15 04:36
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Trigger In-Digital Notes linked to Brent Crude Oil Futures Contracts, with the performance tied to the first nearby month futures contract for Brent crude oil traded on ICE Futures Europe. The notes, which are unsecured and unsubordinated debt securities, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes do not pay interest and involve significant risks, including the potential loss of principal. The return on the notes is contingent upon holding them to maturity, which is set for September 30, 2025. The notes are designed to repay the principal amount at maturity along with a return linked to the performance of the underlying...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Trigger In-Digital Notes linked to Brent Crude Oil Futures Contracts, with the performance tied to the first nearby month futures contract for Brent crude oil traded on ICE Futures Europe. The notes, which are unsecured and unsubordinated debt securities, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes do not pay interest and involve significant risks, including the potential loss of principal. The return on the notes is contingent upon holding them to maturity, which is set for September 30, 2025. The notes are designed to repay the principal amount at maturity along with a return linked to the performance of the underlying Brent Crude Oil Futures Contract, provided the final value is greater than or equal to the Digital Barrier. If the final value is less than the Downside Threshold, investors will receive less than their principal amount, or possibly nothing, resulting in a loss proportionate to the negative performance of the underlying. The notes are expected to be issued on June 20, 2024, with a trade date of June 14, 2024, and a final valuation date of September 25, 2025. The offering is subject to market conditions and may be changed, with the notes not being offered where prohibited. The notes will not be listed on any securities exchange, and their market value will depend on several factors including JPMorgan's creditworthiness.

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