UBS AG Files 424B2 Prospectus for New Securities

TL;DR

UBS AG dropped a 424B2 prospectus on 4/6/26. New securities coming.

AI Summary

UBS AG filed a 424B2 prospectus on April 6, 2026, detailing new securities offerings. The filing, with SEC Accession No. 0001839882-26-019173, provides information for potential investors regarding these offerings.

Why It Matters

This filing indicates UBS AG is actively seeking to raise capital through new security issuances, which could impact its financial structure and future growth strategies.

Risk Assessment

Risk Level: low — A 424B2 filing is a standard prospectus supplement and does not inherently indicate increased risk for the company.

Key Numbers

• 465431 — Document Size (Bytes) (Size of the main 424B2 document)
• 648291 — Document Size (Bytes) (Size of the complete submission text file)

Key Players & Entities

• UBS AG (company) — Filer of the prospectus
• 0001114446 (company) — CIK number for UBS AG
• 0001839882-26-019173 (filing_id) — SEC Accession Number for the filing
• 2026-04-06 (date) — Filing date

FAQ

Key Financial Figures

• $959.80 — he trade date is expected to be between $959.80 and $989.80. The range of the estimated
• $989.80 — e is expected to be between $959.80 and $989.80. The range of the estimated initial val
• $1,000.00 — 2000 Index and the S&P 500 Index $ $1,000.00 $ Up to $9.00 $ At least $991.0
• $9.00 — P 500 Index $ $1,000.00 $ Up to $9.00 $ At least $991.00 (1) Notwithsta
• $991.00 — 000.00 $ Up to $9.00 $ At least $991.00 (1) Notwithstanding the underwriting
• $1,000 — S AG London Branch Principal Amount $1,000 per Note Term Approximately 3 years
• $25.875 — 10.35% per annum Contingent Coupon $25.875 Contingent coupons on the Notes are n

Filing Documents

• ubs_424b2-12261.htm (424B2) — 455KB
• image1.jpg (GRAPHIC) — 12KB
• image2.jpg (GRAPHIC) — 34KB
• image3.jpg (GRAPHIC) — 35KB
• image4.jpg (GRAPHIC) — 32KB
• image5.jpg (GRAPHIC) — 12KB
• arrow.jpg (GRAPHIC) — 8KB
• 0001839882-26-019173.txt ( ) — 633KB

From the Filing

The information in this preliminary pricing supplement is not complete and may be changed. We may not sell these Notes until the pricing supplement, the accompanying product supplement, the index supplement and the accompanying prospectus (collectively, the "Offering Documents") are delivered in final form. The Offering Documents are not an offer to sell these Notes and we are not soliciting offers to buy these Notes in any state where the offer or sale is not permitted. PRELIMINARY PRICING SUPPLEMENT Dated April 6, 2026 Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283672 (To Prospectus dated February 6, 2025, Index Supplement dated February 6, 2025 and Product Supplement dated February 6, 2025) UBS AG $ Trigger Callable Contingent Yield Notes Linked to the least performing of the Russell 2000 Index and the S&P 500 Index due on or about April 18, 2029 Investment Description UBS AG Trigger Callable Contingent Yield Notes (the "Notes") are unsubordinated, unsecured debt obligations issued by UBS AG ("UBS" or the "issuer") linked to the least performing of the Russell 2000 Index and the S&P 500 Index (each an "underlying asset" and together the "underlying assets"). UBS will pay a contingent coupon on a coupon payment date if the closing level of each underlying asset is equal to or greater than its coupon barrier on the related observation date (including the final valuation date). Otherwise, if the closing level of any underlying asset is less than its coupon barrier on the applicable observation date, no contingent coupon will be paid for the related coupon payment date. UBS may elect to call the Notes in whole, but not in part (an "issuer call"), regardless of the closing levels of the underlying assets, on any observation date (beginning after 12 months) other than the final valuation date. If UBS elects to call the Notes prior to maturity, UBS will pay you on the coupon payment date corresponding to such observation date (the "call settlement date") a cash payment per Note equal to the principal amount plus any contingent coupon otherwise due, and no further payments will be made on the Notes. If UBS does not elect to call the Notes and the final level of each underlying asset is equal to or greater than its downside threshold, at maturity, UBS will pay you a cash payment per Note equal to the principal amount. If, however, UBS does not elect to call the Notes and the final level of any underlying asset is less than its downside threshold, at maturity, UBS will pay you a cash payment per Note that is less than the principal amount, if anything, resulting in a percentage loss on your initial investment equal to the percentage decline in the closing level of the underlying asset with the lowest underlying return (the "least performing underlying asset") from its initial level to its final level over the term of the Notes and, in extreme situations, you could lose all of your initial investment. Investing in the Notes involves significant risks. You will lose a significant portion or all of your initial investment if UBS does not elect to call the Notes and the final level of any underlying asset is less than its downside threshold. You may not receive any contingent coupons during the term of the Notes. You will be exposed to the market risk of each underlying asset on each observation date, including the final valuation date, and any decline in the level of one underlying asset may negatively affect your return and will not be offset or mitigated by a lesser decline or any potential increase in the level of any other underlying asset. UBS may elect to call the Notes prior to maturity at its discretion regardless of the performance of the underlying assets. Higher contingent coupon rates are generally associated with a greater risk of loss. The contingent repayment of principal only applies if you hold the Notes until the maturity date. Any payment on the Notes, including any repayment of principal, is subject to the creditworthiness of UBS. If UBS were to default on its obligations, you may not receive any amounts owed to you under the Notes and you could lose all of your initial investment. Features Potential for Periodic Contingent Coupons — UBS will pay a contingent coupon on a coupon payment date if the closing level of each underlying asset is equal to or greater than its coupon barrier on the applicable observation date (including the final valuation date). Otherwise, if the closing level of any underlying asset is less than its coupon barrier on the applicable observation date, no contingent coupon will be paid for the related coupon payment date. Issuer Callable — UBS may elect to call the Notes in whole, but not in part, regardless of the closing levels of the underlying assets, on any observation date (beginning after 12 months) other than the final valuation date. If UBS elects to call the Notes prior to maturity, UBS will pay you on the call settlement

View Full Filing

View this 424B2 filing on SEC EDGAR