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Published on 3/8/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.97 million capped digital notes linked to Dow, Nasdaq, Russell

By William Gullotti

Buffalo, N.Y., March 8 – JPMorgan Chase Financial Co. LLC priced $1.97 million of 0% capped digital notes due June 6, 2024 linked to the performance of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above its digital barrier, 80% of initial level, the payout at maturity will be par plus 7.25%.

Otherwise, investors will receive par.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped digital notes
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index, Russell 200 index
Amount:$1.97 million
Maturity:June 6, 2024
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above its digital barrier, par plus 7.25%; otherwise, par
Initial levels:33,390.97 for Dow, 12,290.81 for Nasdaq, 1,928.263 for Russell
Digital barriers:26,712.776 for Dow, 9,832.648 for Nasdaq, 1,542.6104 for Russell; 80% of initial levels
Pricing date:March 3
Settlement date:March 8
Agent:J.P. Morgan Securities LLC
Fees:0.59594%
Cusip:48133UMZ2

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