Bank of Nova Scotia Files 424B2 Prospectus for Future Offerings

TL;DR

**BNS filed a prospectus, ready to raise capital, watch for future offerings.**

AI Summary

The Bank of Nova Scotia filed a 424B2 prospectus on March 25, 2026, indicating its intent to offer securities under its existing shelf registration (File No. 333-282565). This filing is a standard procedure for large financial institutions to maintain flexibility in raising capital, which could involve issuing new shares or debt. For current or prospective shareholders, this matters because it signals the bank's potential future capital-raising activities, which could dilute existing shares if new equity is issued or increase debt obligations, impacting the bank's financial structure.

Why It Matters

This filing allows the Bank of Nova Scotia to raise capital in the future, which could impact share value through dilution or change the bank's debt profile.

Risk Assessment

Risk Level: medium — While a standard filing, it introduces the potential for future dilution or increased debt, which carries medium-term financial risk.

Analyst Insight

Investors should monitor future announcements from the Bank of Nova Scotia for specific details on any upcoming security offerings, as these could impact share price or debt levels. This filing itself is procedural and doesn't warrant immediate action.

Key Numbers

• 424B2 — Form Type (Indicates a prospectus for a registered offering)
• 0000009631 — CIK (Unique identifier for BANK OF NOVA SCOTIA)
• 333-282565 — File No. (The registration statement under which the securities will be offered)
• 2026-03-25 — Filing Date (The date the prospectus was filed with the SEC)

Key Players & Entities

• BANK OF NOVA SCOTIA (company) — the filer of the 424B2 prospectus
• 0000009631 (company) — the CIK of the Bank of Nova Scotia
• 333-282565 (dollar_amount) — the File No. for the Bank of Nova Scotia's shelf registration
• 2026-03-25 (dollar_amount) — the filing date of the 424B2 prospectus

Forward-Looking Statements

• The Bank of Nova Scotia will likely issue new securities (debt or equity) within the next 12-24 months. (BANK OF NOVA SCOTIA) — medium confidence, target: 2028-03-25

FAQ

Key Financial Figures

• $1,000 — ed, you will receive a payment for each $1,000 principal amount of your notes on the c
• $1,400.00 — (i) the threshold settlement amount of $1,400.00 and (ii) the sum of $1,000 plus the pro
• $,1000 — ) the sum of $1,000 plus the product of $,1000 times the least performing reference as
• $925.00 — he trade date is expected to be between $925.00 and $965.00 per $1,000 principal amount
• $965.00 — e is expected to be between $925.00 and $965.00 per $1,000 principal amount, which will

Filing Documents

• bns_424b2-10772.htm (424B2) — 331KB
• image1.gif (GRAPHIC) — 5KB
• image2.jpg (GRAPHIC) — 307KB
• image3.jpg (GRAPHIC) — 122KB
• image4.gif (GRAPHIC) — 9KB
• image5.gif (GRAPHIC) — 7KB
• 0001839882-26-016824.txt ( ) — 951KB

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 is delivered in final form. We are not selling these notes, nor are we soliciting offers to buy these notes, in any state where such offer or sale is not permitted. Filed Pursuant to Rule 424(b)(2) Registration No. 333-282565 The Bank of Nova Scotia $ Autocallable Digital Trigger Notes Linked to the Least Performing of the Russell 2000 Index and the S&P 500 Index Due May 3, 2029 The notes will not bear interest. The notes will mature on the maturity date (expected to be May 3, 2029) unless they are automatically called on the call observation date (expected to be April 29, 2027). Your notes will be automatically called on the call observation date if the closing level of e ach of the Russell 2000 Index and the S&P 500 Index (each, a "reference asset") is greater than or equal to its initial level (set on the trade date, expected to be April 29, 2026, and will be its closing level or an intra-day level of such reference asset on the trade date, which may be higher or lower than its closing level on the trade date). If your notes are automatically called, you will receive a payment for each $1,000 principal amount of your notes on the call payment date (expected to be May 4, 2027) equal to (i) $1,000 plus (ii) the product of $1,000 times the call premium amount (set on the trade date, expected to be at least 10.25%). If your notes are not automatically called, the amount that you will be paid on your notes at maturity will be based on the performance of the least performing reference asset, which is the reference asset with the lowest reference asset return. The reference asset return of each reference asset is the percentage increase or decrease from its initial level to its final level, which will be its closing level on the valuation date (expected to be April 30, 2029). If the final level of each reference asset on the valuation date is greater than or equal to its initial level, the return on your notes will be positive and will equal the greater of (i) the threshold settlement amount of $1,400.00 and (ii) the sum of $1,000 plus the product of $,1000 times the least performing reference asset return. If the final level of any reference asset is less than its initial level, but the final level of each reference asset is greater than or equal to 85.00% of its initial level, you will receive the principal amount of your notes. If the final level of any reference asset is less than 85.00% of its initial level, the return on your notes will be negative and will equal the reference asset return of the least performing reference asset. Specifically, you will lose 1% for every 1% that the final level of the least performing reference asset is less than its initial level, and you could lose up to your entire investment in the notes. Any payment on your notes is subject to the creditworthiness of The Bank of Nova Scotia. If your notes are not automatically called on the call observation date, at maturity, for each $1,000 principal amount of your notes, you will receive an amount in cash equal to: if the final level of each reference asset is greater than or equal to its initial level, the greater of (i) the threshold settlement amount and (ii) the sum of (a) $1,000 plus (b) the product of (1) $1,000 times (2) the least performing reference asset return; if the final level of any reference asset is less than its initial level, but the final level of each reference asset is greater than or equal to 85.00% of its initial level, $1,000; or if the final level of any reference asset is less than 85.00% of its initial level, the sum of (i) $1,000 plus (ii) the product of (a) $1,000 times (b) the least performing reference asset return. You will receive less than 85.00% of the principal amount of your notes and could lose up to your entire investment in the notes. Investment in the notes involves certain risks. You should refer to "Additional Risks" beginning on page P-15 of this pricing supplement and "Additional Risk Factors Specific to the Notes" beginning on page PS-6 of the accompanying product supplement and "Risk Factors" beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the accompanying prospectus. The initial estimated value of your notes at the time the terms of your notes are set on the trade date is expected to be between $925.00 and $965.00 per $1,000 principal amount, which will be less than the original issue price of your notes listed below. See "Additional Information Regarding Estimated Value of the Notes" on the following page and "Additional Risks" beginning on page P-15 of this document for additional information. The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy. Per Note Total 1 Original Issue Price 100.00% $ Underwriting comm

View Full Filing

View this 424B2 filing on SEC EDGAR