secwatch.observer — SEC 8-K summary
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Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001193125-24-065885
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPMorgan issues $2.5B of 6.875% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series NN
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- 250,000 shares of Series NN, liquidation preference $10,000 per share, issued March 12, 2024.
- Represented by 2,500,000 depositary shares, each a one-tenth interest, sold via underwritten offering.
- Dividend restrictions apply on common and junior/preferred stock if Series NN dividends are not declared.
- Certificate of Designations filed with Delaware Secretary of State on March 11, 2024.
- Underwriting agreement with J.P. Morgan Securities LLC and others dated March 5, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000119312524065885/0001193125-24-065885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000119312524065885/d807686d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-065885

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