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424B2: Prospectus

SEC ·  Sep 28 04:55

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 Uncapped Accelerated Barrier Notes. Priced at $968,000, these notes are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with maturity due on September 28, 2029. The notes offer investors a potential uncapped return of 1.64 times any appreciation of the least performing index among the three at maturity, with a minimum investment of $1,000. However, investors should be prepared to forgo interest and dividend payments and accept the risk of losing some or all of their principal if the indices perform poorly. The notes, which are unsecured and unsubordinated obligations, were priced on September 25, 2024, and are...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Uncapped Accelerated Barrier Notes. Priced at $968,000, these notes are linked to the performance of the Nasdaq-100 Index, the Russell 2000 Index, and the S&P 500 Index, with maturity due on September 28, 2029. The notes offer investors a potential uncapped return of 1.64 times any appreciation of the least performing index among the three at maturity, with a minimum investment of $1,000. However, investors should be prepared to forgo interest and dividend payments and accept the risk of losing some or all of their principal if the indices perform poorly. The notes, which are unsecured and unsubordinated obligations, were priced on September 25, 2024, and are expected to settle by September 30, 2024. JPMorgan Chase & Co. fully and unconditionally guarantees the payments, which are subject to the credit risks of both the issuer and the guarantor. 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 $934.70 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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