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JPMorgan | 424B2: Prospectus

SEC announcement ·  Feb 23 15:51
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
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 to settle on or about February 26, 2024. Investors should note that the notes do not guarantee any return of principal and may result in a loss if the final value of any underlying index is less than its barrier amount. The notes are not bank deposits, are not insured by any governmental agency, and do not guarantee any dividends or interest payments.
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