New Issue: JPMorgan prices $1.76 million uncapped buffered digital notes on S&P, Russell

By William Gullotti

Buffalo, N.Y., Dec. 23 – JPMorgan Chase Financial Co. LLC priced $1.76 million of 0% uncapped buffered digital notes due Dec. 21, 2026 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above initial level, the payout at maturity will be the greater of par plus 38% and par plus the return of the laggard index.

Investors will receive par if the laggard index falls by no more than 15% and lose 1% for each 1% decline of the laggard index beyond 15%.

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:	Uncapped buffered digital notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$1,764,000
Maturity:	Dec. 21, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, the greater of par plus 38% and par plus the return of the laggard index; if laggard index declines by up to 15%, par; otherwise, 1% loss for each 1% decline of worst performer beyond 15%
Initial levels:	3,852.36 for S&P, 1,763.42 for Russell
Buffer levels:	85% of initial levels
Pricing date:	Dec. 16
Settlement date:	Dec. 21
Agent:	J.P. Morgan Securities LLC
Fees:	0.97931%
Cusip:	48133PXX6

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