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424B2: Prospectus

SEC announcement ·  Jun 27 04:28
Summary by Futu AI
JPMorgan Chase Financial Company LLC has launched a new structured investment product, offering $500,000 Capped Buffered Return Enhanced Notes linked to the S&P 500 Index, with a maturity date of June 29, 2026. These notes, priced at $1,000 each, are designed to provide investors with twice the appreciation of the S&P 500 Index, capped at a 20.25% return at maturity. However, investors must be willing to forgo interest and dividend payments and accept the risk of losing up to 90% of their principal if the index performs poorly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes were priced on June 24, 2024, and are expected to settle by June 27, 2024. The investment involves significant risks, as detailed in the accompanying prospectus supplement and product supplement. The estimated value of the notes at the time of pricing was $979.90 per $1,000 principal amount note. The notes are not bank deposits, are not FDIC insured, and are not guaranteed by a bank.
JPMorgan Chase Financial Company LLC has launched a new structured investment product, offering $500,000 Capped Buffered Return Enhanced Notes linked to the S&P 500 Index, with a maturity date of June 29, 2026. These notes, priced at $1,000 each, are designed to provide investors with twice the appreciation of the S&P 500 Index, capped at a 20.25% return at maturity. However, investors must be willing to forgo interest and dividend payments and accept the risk of losing up to 90% of their principal if the index performs poorly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes were priced on June 24, 2024, and are expected to settle by June 27, 2024. The investment involves significant risks, as detailed in the accompanying prospectus supplement and product supplement. The estimated value of the notes at the time of pricing was $979.90 per $1,000 principal amount note. The notes are not bank deposits, are not FDIC insured, and are not guaranteed by a bank.

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