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Published on 9/23/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.54 million PLUS linked to Russell 2000

By Kiku Steinfeld

Chicago, Sept. 23 – JPMorgan Chase Financial Co. LLC priced $3.54 million of 0% Performance Leveraged Upside Securities due Oct. 5, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 14.75%. If the index return is negative, investors will be fully exposed to the decline.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$3,539,170
Maturity:Oct. 5, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 14.75% maximum return; if index declines, full exposure to decline
Initial index level:2,310.549
Pricing date:June 30
Settlement date:July 6
Agent:J.P. Morgan Securities LLC
Distribution:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:46652Y745

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