UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): July 3, 2017
JPMorgan Chase & Co.
(Exact name of registrant as specified in its charter)
| Delaware | 1-5805 | 13-2624428 | ||
| (State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. employer identification no.) | ||
| 270 Park Avenue, New York, New York | 10017 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code: (212) 270-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On July 3, 2017, JPMorgan Chase & Co. (“JPMorgan Chase”) announced that in accordance with the terms of the outstanding warrants to purchase common stock of JPMorgan Chase, the warrant Exercise Price will be reduced to $41.912 per share, effective as of the close of business on July 6, 2017. A copy of the press release relating to this announcement is attached hereto as Exhibit 99.
Item 9.01 Financial Statements and Exhibits
| (d) | Exhibits |
| Exhibit No. |
Description of Exhibit | |
| 99 | JPMorgan Chase & Co. Press Release dated July 3, 2017 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| JPMorgan Chase & Co. | ||
| (Registrant) |
| By: | /s/ Neila B. Radin | |
| Neila B. Radin | ||
| Managing Director |
Dated: July 3, 2017
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INDEX TO EXHIBITS
| Exhibit No. |
Description of Exhibit | |
| 99 | JPMorgan Chase & Co. Press Release dated July 3, 2017 |
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Exhibit 99
JPMorgan Chase & Co.
270 Park Avenue, New York, NY 10017-2070
NYSE symbol: JPM
www.jpmorganchase.com
News release: IMMEDIATE RELEASE
JPMorgan Chase Announces Adjustment to Warrant Exercise Price
New York, July 3, 2017 – JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) announced today that in accordance with the terms of the outstanding warrants to purchase common stock of JPMorgan Chase (NYSE: JPM/WS), the warrant Exercise Price will be reduced to $41.912 per share from $41.967 per share, effective as of the close of business on July 6, 2017.
This adjustment resulted from the declaration by the Board of Directors of JPMorgan Chase on May 16, 2017 of a quarterly dividend of $0.50 per share on the outstanding shares of the Firm’s common stock. The dividend is payable on July 31, 2017, to stockholders of record at the close of business on July 6, 2017. This dividend declaration did not result in a change in the Warrant Share Number, which remains at 1.01.
Further information regarding the warrants and adjustments to the warrant Exercise Price and the Warrant Share Number is available on the Firm’s website at www.jpmorganchase.com, under the heading Investor Relations, Shareholder Information: “Warrant Information.”
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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| Investor Contact: Jason Scott | Media Contact: Joseph Evangelisti | |
|
212-270-7325 |
212-270-7438 |