Kind 424B2 JPMORGAN CHASE & CO

Kind 424B2 JPMORGAN CHASE & CO

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Filed Pursuant to Rule 424(b)(2)

Registration Assertion Nos. 333-270004 and 333-270004-01

Pricing Complement to the Prospectus and Prospectus Complement, every dated April 13, 2023, the Underlying Complement No. 1-I dated April 13, 2023 and the Product Complement No. 4-I dated April 13, 2023

JPMorgan Chase Monetary Firm LLC

Medium-Time period Notes, Sequence A
$1,652,000
Digital Fairness Notes due 2026
(Linked to the EURO STOXX 50
® Index)

Absolutely and Unconditionally Assured by JPMorgan Chase & Co.

The notes don’t bear curiosity. The quantity that you can be paid in your notes on the acknowledged maturity date (January 9, 2026, topic to adjustment) relies on the efficiency of the EURO STOXX 50® Index (which we confer with because the underlier) as measured from and together with the commerce date (November 30, 2023) to and together with the willpower date (January 7, 2026, topic to adjustment). If the ultimate underlier degree on the willpower date is larger than or equal to 82.50% of the preliminary underlier degree, you’ll obtain the edge settlement quantity of $1,194.60 for every $1,000 principal quantity be aware. If the ultimate underlier degree declines by greater than 17.50% from the preliminary underlier degree, the return in your notes will likely be damaging. You would lose your total funding within the notes. Any cost on the notes is topic to the credit score danger of JPMorgan Chase Monetary Firm LLC (“JPMorgan Monetary”), as issuer of the notes, and the credit score danger of JPMorgan Chase & Co., as guarantor of the notes.

To find out your cost at maturity, we are going to calculate the underlier return, which is the share improve or lower within the remaining underlier degree from the preliminary underlier degree. On the acknowledged maturity date, for every $1,000 principal quantity be aware, you’ll obtain an quantity in money equal to:

if the underlier return is larger than or equal to -17.50% (the ultimate underlier degree is larger than or equal to 82.50% of the preliminary underlier degree), the edge settlement quantity; or

if the underlier return is under -17.50% (the ultimate underlier degree is lower than the preliminary underlier degree by greater than 17.50%), the sum of (i) $1,000 plus (ii) the product of (a) $1,000 instances (b) roughly 1.2121 instances (c) the sum of the underlier return plus 17.50%. You’ll obtain lower than $1,000.

Your funding within the notes includes sure dangers, together with, amongst different issues, our credit score danger. See “Threat Elements” on web page S-2 of the accompanying prospectus complement, “Threat Elements” on web page PS-11 of the accompanying product complement and “Chosen Threat Elements” on web page PS-12 of this pricing complement.

The foregoing is simply a quick abstract of the phrases of your notes. It is best to learn the extra disclosure supplied herein so that you could be higher perceive the phrases and dangers of your funding.

The estimated worth of the notes, when the phrases of the notes had been set, was $987.70 per $1,000 principal quantity be aware. See “Abstract Info — The Estimated Worth of the Notes” on web page PS-7 of this pricing complement for extra details about the estimated worth of the notes and “Abstract Info — Secondary Market Costs of the Notes” on web page PS-7 of this pricing complement for details about secondary market costs of the notes.

Authentic problem date (settlement date): December 7, 2023

Authentic problem value: 100.00% of the principal quantity

Underwriting fee/low cost: 0.00% of the principal quantity

Internet proceeds to the issuer: 100.00% of the principal quantity

See “Abstract Info — Supplemental Use of Proceeds” on web page PS-8 of this pricing complement for details about the parts of the unique problem value of the notes.

J.P. Morgan Securities LLC, which we confer with as JPMS, appearing as agent for JPMorgan Monetary, is not going to obtain promoting commissions for these notes and can promote the notes to an unaffiliated seller at 100.00% of the principal quantity. See Plan of Distribution (Conflicts of Curiosity) on web page PS-86 of the accompanying product complement.

Neither the Securities and Change Fee (the “SEC”) nor some other regulatory physique has authorized or disapproved of those securities or handed upon the accuracy or adequacy of this pricing complement, the accompanying product complement, the accompanying underlying complement, the accompanying prospectus complement or the accompanying prospectus. Any illustration on the contrary is a prison offense.

The notes aren’t financial institution deposits, aren’t insured by the Federal Deposit Insurance coverage Company or some other governmental company and aren’t obligations of, or assured by, a financial institution.

Pricing Complement dated November 30, 2023

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