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Published on 2/11/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $831,000 digital barrier notes linked to Nasdaq, S&P

Chicago, Feb. 11 – JPMorgan Chase Financial Co. LLC priced $831,000 of 0% digital barrier notes due June 27, 2024 linked to the lesser performing of the Nasdaq-100 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index ends above its 75% barrier the payout at maturity will be par plus 10.65%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier.

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:Digital barrier notes
Underlying indexes:Nasdaq-100 index and S&P 500 index
Amount:$831,000
Maturity:June 27, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 75% barrier, par plus 10.65%; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:13,672.54 for Nasdaq, 4,145.58 for S&P
Barriers:10,254.405 for Nasdaq, 3,109.185 for S&P, 75% of initial levels
Digital payment:10.65%
Pricing date:May 23, 2023
Settlement date:May 26, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.35%
Cusip:48133WTM0

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