Summary by Futu AI
On June 12, 2024, JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., priced $1,574,000 in Uncapped Accelerated Barrier Notes linked to the S&P 500 Futures Excess Return Index, with a maturity date of June 15, 2029. These notes, designed for investors seeking an uncapped return of 2.3825 times any appreciation of the index at maturity, are unsecured and unsubordinated obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, which forgo interest payments and may result in the loss of some or all principal at maturity, are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The notes were priced at $1,000 each with minimum denominations of $1,000 and integral multiples thereof. The settlement is...Show More