New Issue: JPMorgan sells $3.51 million review notes tied to tech stocks

By Wendy Van Sickle

Columbus, Ohio, Jan. 12 – JPMorgan Chase Financial Co. LLC priced $3.51 million of 0% review notes due Jan. 8, 2027 linked to the least performing of the shares of Meta Platforms, Inc., Microsoft Corp. and Adobe Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 22% if each stock closes at or above its initial level on any monthly review date after one year.

If the notes are not called, investors will receive par if the worst performing stock falls by up to 50% and will be fully exposed to any losses of the worst performing stock.

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:	Review notes
Underlying stocks:	Meta Platforms, Inc., Microsoft Corp. and Adobe Inc.
Amount:	$3,513,000
Maturity:	Jan. 8, 2027
Coupon:	0%
Price:	Par
Call:	At par plus 22% per year if each stock closes at or above initial level on monthly review date after one year
Payout at maturity:	If not called and worst performing stock falls by up to 50%, par; otherwise, 1% loss for each 1% decline of worst performing stock
Initial levels:	$351.95 for Meta, $367.75 for Microsoft, $564.60 for Adobe
Trigger levels:	$175.975 for Meta, $183.875 for Microsoft, $282.30 for Adobe, 50% of initial levels
Pricing date:	Jan. 5
Settlement date:	Jan. 10
Agent:	J.P. Morgan Securities LLC
Fees:	0%
Cusip:	48134TJP0

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