New Issue: JPMorgan sells $920,000 uncapped buffered equity notes on S&P ETF, Russell

Chicago, Nov. 17 – JPMorgan Chase Financial Co. LLC priced $920,000 of 0% uncapped buffered equity notes due Sept. 8, 2023 linked to the Russell 2000 index and the SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each asset finishes at or above its initial value, the payout will be par plus the return of the laggard underlier.

If the laggard asset declines up to 11.75%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline of the laggard asset below 11.75%.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped buffered equity notes
Underlying assets:	Russell 2000 index and SPDR S&P 500 ETF Trust
Amount:	$920,000
Maturity:	Sept. 8, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes at or above initial value, par plus the return of the laggard asset; if laggard asset declines up to 11.75%, par; otherwise, lose 1% for every 1% decline of the laggard asset below 11.75%
Initial values:	2,032.41 for index, $435.71 for ETF
Buffer:	11.75%
Pricing date:	March 3
Settlement date:	March 8
Agent:	J.P. Morgan Securities LLC
Fees:	0.725%
Cusip:	48133DQW3

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