share_log

JPMorgan | 424B2: Prospectus

SEC announcement ·  Feb 23 16:01
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has issued a pricing supplement for $5,000,000 Digital Buffered Notes linked to a Brent Crude Oil Futures Contract, with a maturity date of March 31, 2025. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer a fixed return of 12.10% if the Ending Contract Price of the Commodity Futures Contract is greater than or equal to the Contract Strike Price or is less than the Contract Strike Price by up to 27.70%. However, investors risk losing some or all of their principal if the Ending Contract Price is less than the Contract Strike Price by more than 27.70%. The...Show More
JPMorgan Chase Financial Company LLC, a wholly owned subsidiary of JPMorgan Chase & Co., has issued a pricing supplement for $5,000,000 Digital Buffered Notes linked to a Brent Crude Oil Futures Contract, with a maturity date of March 31, 2025. The notes, which are unsecured and unsubordinated obligations of JPMorgan Financial, are fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer a fixed return of 12.10% if the Ending Contract Price of the Commodity Futures Contract is greater than or equal to the Contract Strike Price or is less than the Contract Strike Price by up to 27.70%. However, investors risk losing some or all of their principal if the Ending Contract Price is less than the Contract Strike Price by more than 27.70%. The notes were priced on February 21, 2024, with a minimum denomination of $10,000 and multiples of $1,000 thereafter. The notes are linked to the first nearby month futures contract for Brent crude oil traded on ICE Futures Europe, with the official settlement price per barrel determining the payout. The notes are not bank deposits, are not insured by the FDIC or any other governmental agency, and are not obligations of, or guaranteed by, a bank. The notes are subject to market risks, including changes in the price of Brent crude oil, and JPMorgan's and JPMorgan Chase & Co.'s credit risk.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more