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Published on 1/25/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.78 million 0% buffered digital notes linked to Russell, S&P

Chicago, Jan. 25 – JPMorgan Chase Financial Co. LLC priced $3.78 million of 0% buffered digital notes due Feb. 24, 2025 linked to the lesser performing of the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or declines but by no more than its 20% buffer the payout at maturity will be par plus 7.8%. Investors will lose 1% for every 1% the worst performing index declines beyond its buffer.

The notes are non-callable.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Buffered digital notes
Underlying indexes:Russell 2000 index and S&P 500 index
Amount:$3,777,000
Maturity:Feb. 24, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains or declines but by no more than 20% buffer, par plus 7.8%; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:1,944.391 for Russell, 4,839.81 for S&P
Buffer levels:80% of initial levels
Buffer:20%
Call:Non-callable
Pricing date:Jan. 19
Settlement date:Jan. 24
Agent:J.P. Morgan Securities LLC
Fees:0.69084%
Cusip:48134TVK7

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