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Published on 6/30/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $793,000 capped accelerated barrier notes linked to ARK ETF

Chicago, June 30 – JPMorgan Chase Financial Co. LLC priced $793,000 of 0% capped accelerated barrier notes due July 5, 2024 linked to the ARK Innovation ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF gains the payout at maturity will be par plus 300% of the return of the ETF capped at par plus 80%. The payout will be par if the ETF declines but finishes above its 60% barrier. Investors will lose 1% for every 1% that the ETF declines if it closes below its 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:Capped accelerated barrier notes
Underlying ETF:ARK Innovation ETF
Amount:$793,000
Maturity:July 5, 2024
Coupon:0%
Price:Par
Payout at maturity:If ETF gains par plus 300% of ETF return capped at par plus 80%; par if ETF declines but finishes above its downside barrier; 1% loss for every 1% that ETF declines if it finishes below its downside barrier
Initial level:$39.88
Barrier:$23.928, 60% of initial level
Upside leverage:300%
Cap:80%
Pricing date:June 30, 2022
Settlement date:July 6, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.50416%
Cusip:48133GWG4

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