UBS AG Files 424B2 Prospectus: Prepares for Potential Securities Offering

TL;DR

**UBS AG just filed a prospectus, signaling they might issue new securities soon.**

AI Summary

UBS AG filed a 424B2 prospectus on March 24, 2026, related to its existing shelf registration (File No. 333-283672). This filing is a standard update for offering securities under a previously approved plan, indicating UBS AG may be preparing to issue new debt or equity. For investors, this matters because it signals UBS AG's potential intent to raise capital, which could dilute existing shares if equity is issued or increase debt obligations, impacting the company's financial structure.

Why It Matters

This filing indicates UBS AG is keeping its options open to raise capital, which could affect share value or debt levels depending on the type of securities offered.

Risk Assessment

Risk Level: medium — The filing itself is routine, but the potential future offering of securities could introduce dilution for shareholders or increase the company's debt burden.

Analyst Insight

Investors should monitor future filings from UBS AG for specific terms of any potential securities offering, such as the type of security (debt or equity), amount, and pricing, to assess the impact on their investment.

Key Numbers

• 333-283672 — Shelf Registration File No. (The underlying registration statement this prospectus supplements, indicating a plan to offer securities over time.)
• 2026-03-24 — Filing Date (The date the 424B2 prospectus was filed, indicating the recency of this update.)

Key Players & Entities

• UBS AG (company) — the filer of the 424B2 prospectus
• 0001114446 (company) — CIK of UBS AG
• 333-283672 (dollar_amount) — File Number for the shelf registration statement
• March 24, 2026 (dollar_amount) — Filing Date and Acceptance Date of the 424B2

FAQ

Key Financial Figures

• $4,615,000 — ents Opportunities in U.S. Equities $4,615,000 Contingent Income Auto-Callable Securit
• $1,000.00 — $4,615,000 Stated principal amount: $1,000.00 per security Issue price: $1,000.00
• $28.875 — ls, we will pay a contingent payment of $28.875 (equivalent to 11.55% per annum of the
• $247 — ice) / initial price Initial price: $247.99, which is the closing price of the c
• $205 — ock of Apple Inc. on the pricing date $205.37, which is the closing price of the c
• $301 — Amazon.com, Inc. on the pricing date $301.00, which is the closing price of the C
• $124 — t supplement. Coupon barrier level: $124.00, which is equal to 50% of the initia
• $102 — ice of the common stock of Apple Inc. $102.69, which is equal to 50% of the initia
• $150 — the common stock of Amazon.com, Inc. $150.50, which is equal to 50% of the initia
• $4,615,000.00 — + 0.50% (b) 2.00% 98.00% Total $4,615,000.00 $92,300.00 $4,522,700.00 (1) UBS
• $92,300.00 — .00% 98.00% Total $4,615,000.00 $92,300.00 $4,522,700.00 (1) UBS Securities LL
• $4,522,700.00 — Total $4,615,000.00 $92,300.00 $4,522,700.00 (1) UBS Securities LLC has agreed to
• $20.00 — es at the price to public less a fee of $20.00 per $1,000.00 stated principal amount o
• $15.00 — ects: (a) a fixed sales commission of $15.00 per $1,000.00 stated principal amount o
• $5.00 — ls and (b) a fixed structuring fee of $5.00 per $1,000.00 stated principal amount o

Filing Documents

• ubs_424b2-10549.htm (424B2) — 438KB
• ex-filingfees.htm (EX-FILING FEES) — 8KB
• image1.gif (GRAPHIC) — 4KB
• image2.gif (GRAPHIC) — 43KB
• image3.gif (GRAPHIC) — 33KB
• image4.gif (GRAPHIC) — 16KB
• image5.gif (GRAPHIC) — 13KB
• image6.gif (GRAPHIC) — 15KB
• 0001839882-26-016558.txt ( ) — 712KB
• ex-filingfees_htm.xml (XML) — 2KB

From the Filing

March 2026 Pricing Supplement Dated March 20, 2026 Registration Statement No. 333-283672 Filed pursuant to Rule 424(b)(2) (To Prospectus dated February 6, 2025 and Product Supplement dated February 6, 2025) Structured Investments Opportunities in U.S. Equities $4,615,000 Contingent Income Auto-Callable Securities with Memory Coupon due March 23, 2028 Based on the worst performing of the common stock of Apple Inc., the common stock of Amazon.com, Inc. and the Class A common stock of Alphabet Inc. Contingent Income Auto-Callable Securities with Memory Coupon (the "securities") do not guarantee the payment of interest or the repayment of principal. Instead, if the closing price of each underlying equity on any determination date (including the final determination date) is equal to or greater than 50% of its initial price, which we refer to as its coupon barrier level, UBS will pay a contingent payment on the related contingent payment date, plus any previously unpaid contingent payments with respect to any previous determination dates pursuant to the memory coupon feature. Otherwise, no contingent payment will be paid on that contingent payment date. As a result, if the closing price of at least one underlying equity is less than its coupon barrier level on each determination date, investors will not receive any contingent payments on the securities. In addition, if the closing prices of all of the underlying equities are equal to or greater than their respective call threshold levels on any determination date other than the final determination date, the securities will be automatically redeemed for an amount per security equal to (i) the stated principal amount plus (ii) the contingent payment otherwise payable with respect to such determination date and any previously unpaid contingent payments with respect to any previous determination dates pursuant to the memory coupon feature. If, however, on any determination date other than the final determination date the closing price of any underlying equity is less than its call threshold level, the securities will not be redeemed and if the closing price of any underlying equity is less than its coupon barrier level, you will not receive the contingent payment on the related contingent payment date. Furthermore, if the securities are not redeemed early and the closing price of each underlying equity on the final determination date is equal to or greater than 50% of its initial price, which we refer to as its downside threshold level, on the maturity date investors will receive an amount per security equal to the stated principal amount plus any contingent payment with respect to the final determination date and any previously unpaid contingent payments with respect to any previous determination dates pursuant to the memory coupon feature, if due. If, however, the closing price of any underlying equity on the final determination date is less than its downside threshold level, on the maturity date UBS will pay you a cash payment per security that will be less than the stated principal amount, if anything, resulting in a percentage loss that is equal to the underlying return of the underlying equity with the lowest underlying return as compared to any other underlying equities (the "worst performing underlying equity") over the term of the securities and, in extreme situations, you could lose all of your initial investment. Accordingly, the securities do not guarantee any return of principal at maturity. Investors will not participate in any appreciation of the underlying equities. Because all payments on the securities are based on the worst performing underlying equity, a decline beyond the respective coupon barrier level and/or downside threshold level, as applicable, of any underlying equity will result in few or no contingent payments and/or a loss of a significant portion and, in extreme situations, all of your initial investment even if the other underlying equity appreciates or has not declined as much. These securities are for investors who are willing to risk their initial investment and seek an opportunity to earn interest at a potentially above-market rate in exchange for the risk of receiving no interest over the entire term of the securities. The securities are unsubordinated, unsecured debt obligations issued by UBS AG, and all payments on the securities are subject to the credit risk of UBS AG. SUMMARY TERMS Issuer: UBS AG London Branch Underlying equities: Common stock of Apple Inc. (Bloomberg Ticker: "AAPL UW") Common stock of Amazon.com, Inc. (Bloomberg Ticker: "AMZN UW") Class A common stock of Alphabet Inc. (Bloomberg Ticker: "GOOGL UW") Aggregate principal amount: $4,615,000 $1,000.00 per security Issue price: $1,000.00 per security (see "Commissions and issue price" below) Pricing date: March 20, 2026 Original issue date: March 25, 2026 (3 business days after the pricing date). Under Rule 15

View Full Filing

View this 424B2 filing on SEC EDGAR