JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has issued $10,360,000 in Auto Callable Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of September 22, 2026. The notes, which are not automatically called, offer investors the potential for uncapped appreciation based on the performance of the S&P 500 Index at maturity, while also providing a buffer against loss of principal if the index's final level is less than the initial level by more than 30%. 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 September 17, 2024, and are expected to be issued around September 20, 2024. They will be automatically...Show More

JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has issued $10,360,000 in Auto Callable Buffered Equity Notes linked to the S&P 500 Index, with a maturity date of September 22, 2026. The notes, which are not automatically called, offer investors the potential for uncapped appreciation based on the performance of the S&P 500 Index at maturity, while also providing a buffer against loss of principal if the index's final level is less than the initial level by more than 30%. 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 September 17, 2024, and are expected to be issued around September 20, 2024. They will be automatically called if the index's closing level is at or above the initial level on the review date, September 30, 2025, with a call settlement date of October 3, 2025. If called, investors will receive $1,000 plus a 9% call premium per note. If not called and the index appreciates, investors will receive a return equal to the index return. If the index depreciates by up to 30%, investors will receive their principal amount, but if the index depreciates by more than 30%, investors will lose 1% of the principal for every 1% decline beyond the 30% buffer. The notes are subject to investment risks, including the potential loss of principal, and are not bank deposits or insured by any governmental agency.