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424B2: Prospectus

SEC announcement ·  May 2 17:21
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of Capped Buffered Enhanced Participation Equity Notes due 2025, linked to the S&P 500 Index. The notes, which do not bear interest, are designed to pay out based on the performance of the S&P 500 Index from the trade date, expected to be around May 7, 2024, to the determination date, November 7, 2025. The payout will vary depending on the final level of the S&P 500 Index, with a maximum settlement amount expected to be between $1,161.25 and $1,189.30 per $1,000 principal amount note. If the Index's final level declines by more than 10% from the initial level, investors will experience a loss...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has announced the issuance of Medium-Term Notes, Series A, in the form of Capped Buffered Enhanced Participation Equity Notes due 2025, linked to the S&P 500 Index. The notes, which do not bear interest, are designed to pay out based on the performance of the S&P 500 Index from the trade date, expected to be around May 7, 2024, to the determination date, November 7, 2025. The payout will vary depending on the final level of the S&P 500 Index, with a maximum settlement amount expected to be between $1,161.25 and $1,189.30 per $1,000 principal amount note. If the Index's final level declines by more than 10% from the initial level, investors will experience a loss, potentially the entire investment. The notes are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value of the notes at the time of pricing will be approximately $979.90 per $1,000 principal amount note, with a minimum value of $969.90. The notes are scheduled for original issue around May 14, 2024, with J.P. Morgan Securities LLC acting as the agent for the offering. The SEC has not approved or disapproved the securities, nor have they passed upon the accuracy of the pricing supplement. The notes are not FDIC insured and are not bank deposits or obligations of a bank.

This announcement is a separate document:

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