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424B2: Prospectus

SEC announcement ·  May 2 16:41
Summary by Moomoo AI
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Uncapped Dual Directional Buffered Return Enhanced Notes. Priced at $1,829,000, these notes are linked to the lesser performing of two underlying assets: the iShares MSCI EAFE ETF and the EURO STOXX 50 Index, with a maturity date set for November 4, 2026. The notes, which are unsecured and unsubordinated obligations, offer investors the potential for an uncapped return of 1.45 times any appreciation, or a capped return equal to the absolute value of any depreciation up to a 10% buffer amount, of the lesser performing underlying at maturity. Investors should be aware that they could lose up to 90% of their principal amount if the final value of...Show More
JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., has launched a new structured investment product called Uncapped Dual Directional Buffered Return Enhanced Notes. Priced at $1,829,000, these notes are linked to the lesser performing of two underlying assets: the iShares MSCI EAFE ETF and the EURO STOXX 50 Index, with a maturity date set for November 4, 2026. The notes, which are unsecured and unsubordinated obligations, offer investors the potential for an uncapped return of 1.45 times any appreciation, or a capped return equal to the absolute value of any depreciation up to a 10% buffer amount, of the lesser performing underlying at maturity. Investors should be aware that they could lose up to 90% of their principal amount if the final value of either underlying is less than its initial value by more than the buffer amount. The notes were priced on April 30, 2024, and are expected to settle on May 3, 2024. They are fully and unconditionally guaranteed by JPMorgan Chase & Co. and involve a number of risks, as detailed in the accompanying prospectus supplement and product supplement. The estimated value of the notes at the time of pricing was $940.90 per $1,000 principal amount note. The notes are not bank deposits, are not insured by any governmental agency, and are not guaranteed by a bank.

This announcement is a separate document:

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