Summary by Futu AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Buffer Autocallable GEARS (Growth Enhanced Asset Return Securities) linked to the Russell 2000 Index, with a total value of $17,572,150. The securities are due on June 17, 2027, and are fully and unconditionally guaranteed by JPMorgan Chase & Co. The securities, which are unsecured and unsubordinated debt securities, offer investors a return linked to the performance of the Russell 2000 Index. If the index closes at or above the Autocall Barrier on the Observation Date, the securities will be automatically called, and investors will receive the principal amount plus a 10% Call Return. If not called and the index return is positive by maturity, investors will receive a leveraged return. If...Show More