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424B2: Prospectus

SEC ·  06:34

Summary by Futu AI

JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Market Linked Securities, which are principal at risk securities linked to the performance of the lowest performing index between the Russell 2000 Index and the S&P 500 Index, with a maturity date of November 14, 2029. The securities do not guarantee a return of principal and do not pay periodic interest. Instead, the return depends on the performance of the specified index, with the potential for a positive return if the index increases, a capped positive return if the index decreases but remains above a certain threshold, and full downside exposure if the index falls below the threshold, potentially resulting in the loss of principal...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has announced the issuance of Market Linked Securities, which are principal at risk securities linked to the performance of the lowest performing index between the Russell 2000 Index and the S&P 500 Index, with a maturity date of November 14, 2029. The securities do not guarantee a return of principal and do not pay periodic interest. Instead, the return depends on the performance of the specified index, with the potential for a positive return if the index increases, a capped positive return if the index decreases but remains above a certain threshold, and full downside exposure if the index falls below the threshold, potentially resulting in the loss of principal. The securities are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The offering, detailed in a preliminary pricing supplement dated November 4, 2024, is subject to completion and is not an offer to sell nor a solicitation of an offer to buy in any jurisdiction where such offer or sale is not permitted. The securities are designed for investors who do not seek periodic income payments and are willing to risk their principal for potential upside market-linked returns. The securities are not bank deposits, are not FDIC insured, and involve investment risks including the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

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