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424B2: Prospectus

SEC announcement ·  Apr 25 15:51
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC has launched a new structured investment product, offering $649,000 in Capped Buffered Return Enhanced Notes, which are linked to the S&P 500 Index and are due on October 28, 2025. These notes are designed for investors seeking a return of 1.10 times any appreciation of the S&P 500 Index, with a maximum return of 12.00% at maturity. However, investors must be willing to forgo interest and dividend payments and accept the risk of losing up to 85.00% of their principal if the index underperforms. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, with minimum denominations of $1,000, were priced on April 23, 2024, and are expected to settle around April...Show More
JPMorgan Chase Financial Company LLC has launched a new structured investment product, offering $649,000 in Capped Buffered Return Enhanced Notes, which are linked to the S&P 500 Index and are due on October 28, 2025. These notes are designed for investors seeking a return of 1.10 times any appreciation of the S&P 500 Index, with a maximum return of 12.00% at maturity. However, investors must be willing to forgo interest and dividend payments and accept the risk of losing up to 85.00% of their principal if the index underperforms. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, with minimum denominations of $1,000, were priced on April 23, 2024, and are expected to settle around April 26, 2024. Investing in these notes involves significant risks, including credit risks associated with JPMorgan Financial and JPMorgan Chase & Co., and the potential loss of principal. The notes are not bank deposits, are not FDIC insured, and do not guarantee any return of principal beyond the buffer amount. The estimated value of the notes at the time of pricing was $960.20 per $1,000 principal amount note.

This announcement is a separate document:

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