Summary by Moomoo AI
On February 21, 2024, JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., priced $265,000 worth of Digital Barrier Notes linked to the performance of three indices: the SPDR S&P Regional Banking ETF, the Russell 2000 Index, and the Nasdaq-100 Technology Sector Index. These notes are designed for investors seeking a fixed return of 9.55% at maturity on March 26, 2025, provided the final value of the least performing index is equal to or above 50% of its initial value. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with full and unconditional guarantee by JPMorgan Chase & Co., and are subject to the credit risk of both entities. The notes were priced with a minimum denomination of $1,000 and integral multiples thereof, and are expected...Show More