Bank of Nova Scotia Files 424B2 Prospectus for New Securities Offering

TL;DR

**BNS filed a prospectus for a new offering, watch for details on what they're selling and how much.**

AI Summary

The Bank of Nova Scotia (BNS) filed a 424B2 prospectus on March 24, 2026, indicating a new offering of securities under their existing shelf registration (File No. 333-282565). This filing doesn't detail the specific terms of the offering (like amount or type of securities), but it signals BNS's intent to raise capital in the near future. For investors, this matters because future capital raises can dilute existing shares or increase debt, potentially impacting the stock's value, depending on the terms and use of proceeds.

Why It Matters

This filing signals that Bank of Nova Scotia is preparing to issue new securities, which could impact current shareholders through dilution or changes in the company's capital structure.

Risk Assessment

Risk Level: medium — The risk is medium because while a capital raise can be beneficial, the specific terms of the offering are unknown and could negatively impact existing shareholders.

Analyst Insight

A smart investor would monitor subsequent filings (like pricing supplements or final prospectuses) from Bank of Nova Scotia for specific details on the type, amount, and pricing of the securities being offered, as well as the intended use of proceeds, before making any investment decisions.

Key Numbers

• 424B2 — Form Type (Indicates a prospectus for a new offering under a shelf registration.)
• 0001839882-26-016556 — SEC Accession No. (Unique identifier for this specific filing.)
• 333-282565 — File No. (The registration statement under which these securities will be offered.)

Key Players & Entities

• BANK OF NOVA SCOTIA (company) — the filer of the 424B2 prospectus
• 0000009631 (company) — the CIK (Central Index Key) for Bank of Nova Scotia
• 333-282565 (dollar_amount) — the File Number for the shelf registration statement
• 2026-03-24 (dollar_amount) — the filing date of the 424B2 prospectus

FAQ

Key Financial Figures

• $902.66 — d by the Bank as of the pricing date is $902.66 (90.266%) per security. See "The Bank's
• $1,000.00 — ank of Nova Scotia (2) Per Security $1,000.00 $23.25 $976.75 Total $1,961,000
• $23.25 — Scotia (2) Per Security $1,000.00 $23.25 $976.75 Total $1,961,000.00 $45
• $976.75 — ) Per Security $1,000.00 $23.25 $976.75 Total $1,961,000.00 $45,593.25
• $1,961,000.00 — $1,000.00 $23.25 $976.75 Total $1,961,000.00 $45,593.25 $1,915,406.75 (1) Scot
• $45,593.25 — .25 $976.75 Total $1,961,000.00 $45,593.25 $1,915,406.75 (1) Scotia Capital (U
• $1,915,406.75 — Total $1,961,000.00 $45,593.25 $1,915,406.75 (1) Scotia Capital (USA) Inc. or one
• $17.50 — ork, LLC), with a selling concession of $17.50 (1.75%) per security, and WFA may recei
• $0.75 — y receive a distribution expense fee of $0.75 (0.075%) per security for securities so
• $3.00 — is offering, we will pay a fee of up to $3.00 per security to selected securities dea
• $1,000 — 25, 2026. Original Offering Price: $1,000 per security. Face Amount: $1,000 p
• $59 — e Street Energy Select Sector SPDR ETF: $59.31, its fund closing price on the prici
• $49 — treet Financial Select Sector SPDR ETF: $49.08, its fund closing price on the prici
• $135 — reet Technology Select Sector SPDR ETF: $135.29, its fund closing price on the prici
• $145 — eet Health Care Select Sector SPDR ETF: $145.33, its fund closing price on the prici

Filing Documents

• bns_424b2-10544.htm (424B2) — 639KB
• ex-filingfees.htm (EX-FILING FEES) — 8KB
• image2.gif (GRAPHIC) — 5KB
• image1.gif (GRAPHIC) — 41KB
• image3.gif (GRAPHIC) — 42KB
• image5.gif (GRAPHIC) — 61KB
• image6.gif (GRAPHIC) — 38KB
• image8.gif (GRAPHIC) — 11KB
• image9.gif (GRAPHIC) — 10KB
• image10.gif (GRAPHIC) — 11KB
• image11.gif (GRAPHIC) — 10KB
• 0001839882-26-016556.txt ( ) — 1056KB
• ex-filingfees_htm.xml (XML) — 2KB

From the Filing

Pricing Supplement dated March 20, 2026 Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-282565 (To Product Supplement No. WF-1 dated November 8, 2024, Underlier Supplement dated November 8, 2024, Prospectus Supplement dated November 8, 2024 and Prospectus dated November 8, 2024) The Bank of Nova Scotia Senior Note Program, Series A ETF Linked Securities Market Linked Securities—Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk Securities Linked to the Lowest Performing of the State Street Energy Select Sector SPDR ETF, the State Street Financial Select Sector SPDR ETF, the State Street Technology Select Sector SPDR ETF and the State Street Health Care Select Sector SPDR ETF due December 26, 2030 Linked to the lowest performing of the State Street Energy Select Sector SPDR ETF, the State Street Financial Select Sector SPDR ETF, the State Street Technology Select Sector SPDR ETF and the State Street Health Care Select Sector SPDR ETF (each referred to as a "Fund") Unlike ordinary debt securities, the securities do not provide for fixed payments of interest, do not repay a fixed amount of principal at stated maturity and are subject to potential automatic call prior to stated maturity upon the terms described below. Whether the securities pay a contingent coupon payment, whether the securities are automatically called prior to stated maturity and, if they are not automatically called, whether you receive the face amount of your securities at stated maturity will depend, in each case, on the fund closing price of the lowest performing Fund on the relevant calculation day. The lowest performing Fund on any calculation day is the Fund that has the lowest fund closing price on that calculation day as a percentage of its starting price Contingent Coupon. The securities will pay a contingent coupon payment on a monthly basis until the earlier of stated maturity or automatic call if, and only if , the fund closing price of the lowest performing Fund on the calculation day for that month is greater than or equal to its coupon threshold price. However, if the fund closing price of the lowest performing Fund on a calculation day is less than its coupon threshold price, you will not receive any contingent coupon payment on the related monthly contingent coupon payment date. If the fund closing price of the lowest performing Fund is less than its coupon threshold price on every calculation day, you will not receive any contingent coupon payments throughout the entire term of the securities. The coupon threshold price for each Fund is equal to 60% of its starting price. The contingent coupon rate is 9.50% per annum Automatic Call. If the fund closing price of the lowest performing Fund on any of the monthly calculation days from September 2026 to November 2030, inclusive, is greater than or equal to its starting price, the securities will be automatically called for the face amount plus a final contingent coupon payment Potential Loss of Principal. If the securities are not automatically called prior to stated maturity, you will receive the face amount at stated maturity if, and only if , the fund closing price of the lowest performing Fund on the final calculation day is greater than or equal to its downside threshold price. If the fund closing price of the lowest performing Fund on the final calculation day is less than its downside threshold price, you will lose more than 50%, and possibly all, of the face amount of your securities. The downside threshold price for each Fund is equal to 50% of its starting price If the securities are not automatically called prior to stated maturity, you will have full downside exposure to the lowest performing Fund from its starting price if its fund closing price on the final calculation day is less than its downside threshold price, but you will not participate in any appreciation of any Fund and will not receive any dividends on securities included in any Fund Your return on the securities will depend solely on the performance of the Fund that is the lowest performing Fund on each calculation day. You will not benefit in any way from the performance of a better performing Fund. Therefore, you will be adversely affected if any Fund performs poorly, even if another Fund performs favorably All payments on the securities are subject to the credit risk of The Bank of Nova Scotia (the "Bank") No exchange listing; designed to be held to maturity The estimated value of the securities as determined by the Bank as of the pricing date is $902.66 (90.266%) per security. See "The Bank's Estimated Value of the Securities" in this pricing supplement for additional information. The securities have complex features and investing in the securities involves risks not associated with an investment in conventional debt securities. See "Selected Risk Considerations" beginning on page P-10 herein and "Risk Factors" be

View Full Filing

View this 424B2 filing on SEC EDGAR