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