share_log

424B2: Prospectus

SEC announcement ·  Jun 27 04:49
Summary by Futu AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of $3,137,000 Capped Buffered Enhanced Participation Equity Notes due 2025, linked to the Nasdaq-100 Index. These notes, which do not bear interest, are designed to provide returns based on the performance of the Nasdaq-100 Index from June 24, 2024, to July 24, 2025. Investors will receive a positive return if the final level of the index is higher than the initial level, up to a maximum settlement amount of $1,150 for each $1,000 principal amount note. If the index declines by up to 10% from the initial level, investors will receive the principal amount. However, a decline of more than 10% will result in...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of $3,137,000 Capped Buffered Enhanced Participation Equity Notes due 2025, linked to the Nasdaq-100 Index. These notes, which do not bear interest, are designed to provide returns based on the performance of the Nasdaq-100 Index from June 24, 2024, to July 24, 2025. Investors will receive a positive return if the final level of the index is higher than the initial level, up to a maximum settlement amount of $1,150 for each $1,000 principal amount note. If the index declines by up to 10% from the initial level, investors will receive the principal amount. However, a decline of more than 10% will result in a negative return, and investors could lose their entire investment. The notes are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value of the notes at the time of pricing was $984.30 per $1,000 principal amount note. The original issue date is set for July 1, 2024, with an original issue price of 100% of the principal amount. J.P. Morgan Securities LLC will pay all selling commissions to an unaffiliated dealer. The notes are not insured by any governmental agency and are not bank deposits.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.