New Issue: JPMorgan sells $500,000 digital barrier notes linked to fund, stocks

Chicago, May 17 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% digital barrier notes due Oct. 27, 2022 linked to the least performing of the Financial Select Sector SPDR fund and the common stocks of Apple Inc. and Microsoft Corp., according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing asset finishes at or above the 70% barrier level, the payout at maturity will be par plus 10.3%.

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

The notes are guaranteed by JPMorgan Chase & Co.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital barrier notes
Underlying assets:	Financial Select Sector SPDR fund, Apple Inc. and Microsoft Corp.
Amount:	$500,000
Maturity:	Oct. 27, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If least performing asset finishes at or above barrier level, par plus 10.3%; otherwise, full exposure to decline of worst performer from initial level
Initial levels:	$40.06 for fund, $149.48 for Apple, $310.76 for Microsoft
Barrier levels:	$28.042 for fund, $104.636 for Apple, $217.532 for Microsoft; 70% of initial levels
Pricing date:	Oct. 21, 2021
Settlement date:	Oct. 26, 2021
Agent:	J.P. Morgan Securities LLC
Fees:	0.65%
Cusip:	48132YCB9

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