New Issue: JPMorgan prices $740,000 digital notes linked to four stocks

By Kiku Steinfeld

Chicago, March 28 – JPMorgan Chase Financial Co. LLC priced $740,000 of 0% digital notes due June 10, 2025 linked to the shares of American Express Co., Microsoft Corp., Meta Platforms, Inc. and Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If each stock finishes above its above its initial price, the payout at maturity will be par plus 25%.

Otherwise, the payout will be par plus the return of the least performing stock, with full exposure to the decline.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlying stocks:	American Express Co., Microsoft Corp., Meta Platforms, Inc. and Citigroup Inc.
Amount:	$740,000
Maturity:	June 10, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each stock finishes above its above its initial price, par plus 25%; otherwise, par plus the return of the least performing stock, with full exposure to the decline
Initial levels:	$156.08 for American, $250.20 for Microsoft, $122.43 for Meta, $45.64 for Citi
Pricing date:	Dec. 6
Settlement date:	Dec. 9
Agent:	J.P. Morgan Securities LLC
Fees:	2.4%
Cusip:	48133PXN8

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