share_log

424B2: Prospectus

SEC ·  Sep 28 05:05

Summary by Futu AI

On September 25, 2024, JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., priced $406,000 worth of Uncapped Accelerated Barrier Notes linked to the S&P 500 Futures Excess Return Index, with a maturity date of September 28, 2029. These notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer investors a potential uncapped return of 1.68 times any appreciation of the index at maturity but also come with the risk of losing some or all of the principal if the index underperforms. The notes were priced at $1,000 each with minimum denominations of $1,000 and integral multiples thereof. The settlement is expected to occur on or about September 30, 2024. The notes do not...Show More
On September 25, 2024, JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., priced $406,000 worth of Uncapped Accelerated Barrier Notes linked to the S&P 500 Futures Excess Return Index, with a maturity date of September 28, 2029. These notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer investors a potential uncapped return of 1.68 times any appreciation of the index at maturity but also come with the risk of losing some or all of the principal if the index underperforms. The notes were priced at $1,000 each with minimum denominations of $1,000 and integral multiples thereof. The settlement is expected to occur on or about September 30, 2024. The notes do not pay interest and are not bank deposits, nor are they insured by any governmental agency. Investing in the notes involves risks, including the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and the potential loss of principal. The estimated value of the notes at the time of pricing was $927.30 per $1,000 principal amount note. The notes are not designed to be short-term trading instruments, and secondary market prices are likely to be lower than the original issue price due to factors such as JPMorgan's internal funding rates and hedging costs.

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