secwatch.observer — SEC 8-K summary
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Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001193125-25-020070
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPMorgan issues $3B of 6.500% Reset Non-Cumulative Preferred Stock, Series OO
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- Issued 300,000 shares of Series OO Preferred, liquidation preference $10,000 per share (total $3 billion).
- Depositary shares (3,000,000) each representing 1/10th interest; trade under new symbol? Not specified.
- Dividend rate 6.500% fixed-rate reset; restrictions on common dividends if preferred dividends not paid.
- Underwriting agreement dated Jan 28, 2025; issuance completed Feb 4, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000119312525020070/0001193125-25-020070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000119312525020070/d876756d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-020070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer