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Published on 9/26/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $733,000 digital barrier notes linked to index, ETFs

Chicago, Sept. 26 – JPMorgan Chase Financial Co. LLC priced $733,000 of 0% digital barrier notes due Sept. 25, 2025 linked to the least performing of the Nasdaq-100 index, VanEck Gold Miners ETF and iShares Russell 2000 Value ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset ends above its 55% barrier the payout at maturity will be par plus 36.85%. Investors will lose 1% for every 1% that the worst performing asset 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 assets:Nasdaq-100 index, VanEck Gold Miners ETF and iShares Russell 2000 Value ETF
Amount:$733,000
Maturity:Sept. 25, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset finishes at or above its 55% barrier, par plus 36.85%; 1% loss for every 1% that worst performing asset declines if it finishes below its barrier
Initial levels:11,637.79 for Nasdaq, $23.83 for gold ETF, $138.97 for Russell Value ETF
Barrier levels:6,400.7845 for Nasdaq, $13.1065 for gold ETF, $76.4335 for Russell Value ETF, 55% of initial levels
Digital payment:36.85%
Pricing date:On or about Sept. 21, 2022
Settlement date:Sept. 26, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.48411%
Cusip:48133NAA6

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