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424B2: Prospectus

SEC announcement ·  Jun 27 03:32
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Buffered Return Enhanced Notes, linked to the performance of the Russell 2000 Index and the S&P 500 Index, with a maturity date of July 22, 2027. The notes are designed for investors seeking an early exit at a premium if the indices reach or exceed their Call Value on the Review Date, set for July 28, 2025. Additionally, the notes offer an uncapped return of 1.25 times any appreciation of the lesser performing index at maturity, if not previously called. Investors should be prepared to forgo interest and dividend payments and accept the risk of losing up to 80% of their principal if the indices perform poorly...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the offering of Auto Callable Buffered Return Enhanced Notes, linked to the performance of the Russell 2000 Index and the S&P 500 Index, with a maturity date of July 22, 2027. The notes are designed for investors seeking an early exit at a premium if the indices reach or exceed their Call Value on the Review Date, set for July 28, 2025. Additionally, the notes offer an uncapped return of 1.25 times any appreciation of the lesser performing index at maturity, if not previously called. Investors should be prepared to forgo interest and dividend payments and accept the risk of losing up to 80% of their principal if the indices perform poorly. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The pricing date is anticipated to be on or about July 19, 2024, with settlement around July 24, 2024. The offering involves risks detailed in the accompanying prospectus supplement and product supplement. The SEC has not approved or disapproved of the notes, nor have they passed upon the accuracy or adequacy of the pricing supplement.

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