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424B2: Prospectus

SEC announcement ·  May 8 17:05
Summary by Moomoo AI
On May 6, 2024, JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., announced the pricing of its new Structured Investments product, the Auto Callable Dual Directional Buffered Return Enhanced Notes. These financial instruments are linked to the performance of the S&P 500 Index, the Russell 2000 Index, and the Nasdaq-100 Technology Sector Index, with a total value of $2,739,000. The notes are designed to offer investors the potential for an early exit at a premium if the indices reach or exceed their Call Value on the Review Date, set for May 12, 2025. Additionally, the notes provide an uncapped return of three times any appreciation or a capped return equal to the absolute value of any depreciation of the least performing index, up...Show More
On May 6, 2024, JPMorgan Chase Financial Company LLC, a subsidiary of JPMorgan Chase & Co., announced the pricing of its new Structured Investments product, the Auto Callable Dual Directional Buffered Return Enhanced Notes. These financial instruments are linked to the performance of the S&P 500 Index, the Russell 2000 Index, and the Nasdaq-100 Technology Sector Index, with a total value of $2,739,000. The notes are designed to offer investors the potential for an early exit at a premium if the indices reach or exceed their Call Value on the Review Date, set for May 12, 2025. Additionally, the notes provide an uncapped return of three times any appreciation or a capped return equal to the absolute value of any depreciation of the least performing index, up to a Buffer Amount of 15%. The notes are unsecured and unsubordinated obligations guaranteed by JPMorgan Chase & Co., subject to the credit risk of both the issuer and the guarantor. The notes are expected to price on May 6, 2024, and settle on May 9, 2024, with a minimum denomination of $1,000. The notes are not bank deposits, are not insured by the FDIC or any other governmental agency, and do not guarantee any return of principal. Investors should be aware of the risks involved, including the potential loss of up to 85% of their principal amount at maturity if the indices perform poorly.
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