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424B2: Prospectus

SEC ·  Sep 28 04:20

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 Dual Directional Buffered Equity Notes. The notes, priced at $1,938,000, are linked to the performance of the lesser performing of the Russell 2000 Index and the S&P 500 Index, with a maturity date set for October 30, 2025. Designed for investors seeking exposure to the indices with a capped potential return, the notes offer a maximum upside of 13.00% and a buffer amount of 10.00%, meaning investors could lose up to 90.00% of their principal if the indices perform poorly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. They were priced on September...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Capped Dual Directional Buffered Equity Notes. The notes, priced at $1,938,000, are linked to the performance of the lesser performing of the Russell 2000 Index and the S&P 500 Index, with a maturity date set for October 30, 2025. Designed for investors seeking exposure to the indices with a capped potential return, the notes offer a maximum upside of 13.00% and a buffer amount of 10.00%, meaning investors could lose up to 90.00% of their principal if the indices perform poorly. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. They were priced on September 25, 2024, and are expected to settle by September 30, 2024. The notes do not pay interest or dividends and are not bank deposits, nor are they insured by any governmental agency. The offering includes risks detailed in the accompanying prospectus supplement and product supplement. The notes are not listed on any securities exchange, which may impact their liquidity and market price.

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