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

New Issue: JPMorgan prices $2.04 million uncapped accelerated barrier notes linked to Dow, S&P

New York, June 30 – JPMorgan Chase Financial Co. LLC priced $2.04 million of 0% uncapped accelerated barrier notes due Dec. 29, 2026 linked to the Dow Jones industrial average and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus 146.25% of the return of that index.

The payout will be par if the worst performing index declines but finishes at or above its 75% barrier. Otherwise, investors will lose 1% for every 1% that the worst performing index declines from initial level.

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:Uncapped accelerated barrier notes
Underlying indexes:Dow Jones industrial average and S&P 500 index
Amount:$2,037,000
Maturity:Dec. 29, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 146.25% of that index’s return; par if worst performing index declines but finishes at or above its downside barrier; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:33,727.43 for Dow Jones industrial average, 4,348.33 for S&P 500
Upside leverage:146.25%
Barriers:25,295.5725 for Dow Jones industrial average, 3,261.2475 for S&P 500, 75% of initial level
Pricing date:June 23
Settlement date:June 28
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133XMZ6

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