share_log

424B2: Prospectus

SEC announcement ·  Jun 19 04:47
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Capped Buffered Return Enhanced Notes, which are linked to the S&P 500 Index and due on December 17, 2025. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are designed to offer investors twice the appreciation of the S&P 500 Index, up to a maximum return of 17.25% at maturity. However, investors should be prepared to forgo interest and dividend payments and risk losing up to 90% of their principal if the index performs poorly. The notes, with a minimum denomination of $1,000, were priced on June 14, 2024, and are expected to settle around June 20, 2024. The Strike Value was determined based on the...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Capped Buffered Return Enhanced Notes, which are linked to the S&P 500 Index and due on December 17, 2025. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are designed to offer investors twice the appreciation of the S&P 500 Index, up to a maximum return of 17.25% at maturity. However, investors should be prepared to forgo interest and dividend payments and risk losing up to 90% of their principal if the index performs poorly. The notes, with a minimum denomination of $1,000, were priced on June 14, 2024, and are expected to settle around June 20, 2024. The Strike Value was determined based on the closing level of the Index on June 13, 2024. The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co., subject to their credit risk. The offering aims to meet investor demand for products that provide specific market exposure and risk-return profiles. The notes are not bank deposits, are not insured by any governmental agency, and do not guarantee the return of principal.

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