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424B2: Prospectus

SEC announcement ·  Apr 25 16:17
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Buffered Digital Notes. The notes, priced at $445,000 in total, are linked to the performance of the least performing stock among Apple Inc., Palantir Technologies Inc., and Palo Alto Networks, Inc. The investment offers a fixed return of 26.00% at maturity on May 1, 2025, if the final value of the least performing stock is not less than its initial value by more than 25.00%. The notes were priced on April 23, 2024, and are expected to settle by April 26, 2024. Investors should note that they risk losing up to 75.00% of their principal if the final stock value falls beyond the buffer amount. The notes are unsecured and unsubordinated...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Buffered Digital Notes. The notes, priced at $445,000 in total, are linked to the performance of the least performing stock among Apple Inc., Palantir Technologies Inc., and Palo Alto Networks, Inc. The investment offers a fixed return of 26.00% at maturity on May 1, 2025, if the final value of the least performing stock is not less than its initial value by more than 25.00%. The notes were priced on April 23, 2024, and are expected to settle by April 26, 2024. Investors should note that they risk losing up to 75.00% of their principal if the final stock value falls beyond the buffer amount. The notes are unsecured and unsubordinated obligations of JPMorgan Financial, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are not bank deposits, are not FDIC insured, and involve a number of risks detailed in the accompanying prospectus supplement and product supplement. The estimated value of the notes at the time of pricing was $970.60 per $1,000 principal amount note.
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