JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Buffer Autocallable GEARS (Growth Enhanced Asset Return Securities) linked to the S&P 500 Index, with a total value of $19,620,370. The securities are due on June 17, 2027, and are designed to provide returns based on the performance of the S&P 500 Index, with an autocall feature if certain conditions are met. The securities offer an 8.00% Call Return if automatically called on the Observation Date, and leveraged exposure to any positive performance of the underlying index if not called, with an Upside Gearing of 1.32. However, if the securities are not called and the index's return is negative at maturity, investors could lose up to 90% of their...Show More

JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the offering of Buffer Autocallable GEARS (Growth Enhanced Asset Return Securities) linked to the S&P 500 Index, with a total value of $19,620,370. The securities are due on June 17, 2027, and are designed to provide returns based on the performance of the S&P 500 Index, with an autocall feature if certain conditions are met. The securities offer an 8.00% Call Return if automatically called on the Observation Date, and leveraged exposure to any positive performance of the underlying index if not called, with an Upside Gearing of 1.32. However, if the securities are not called and the index's return is negative at maturity, investors could lose up to 90% of their principal, depending on the final value of the index relative to the Downside Threshold and Buffer. The securities are unsecured and unsubordinated debt obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., and involve significant risks, including credit risk and market risk. The offering was priced on June 12, 2024, with a Trade Date of June 12, 2024, and an Original Issue Date (Settlement Date) of June 17, 2024. The Observation Date is set for June 20, 2025, with the Final Valuation Date on June 14, 2027. The securities are not bank deposits, are not insured by any governmental agency, and are not listed on any securities exchange.