JPMORGAN CHASE FILES FWP: NEW SECURITIES OFFERING IMMINENT

TL;DR

**JPMORGAN FILED AN FWP, EXPECT NEW SECURITIES OFFERING SOON.**

AI Summary

JPMorgan Chase & Co. filed a Free Writing Prospectus (FWP) on March 25, 2026, under SEC Accession No. 0001213900-26-033819. This filing, which includes a fact sheet and two graphic documents, indicates that JPMorgan is actively engaging in public offerings or communications related to securities. For investors, this means JPMorgan is likely preparing to issue new securities, which could impact the supply and demand dynamics of its stock and potentially dilute existing shares or raise capital for new initiatives.

Why It Matters

This filing signals JPMorgan's intent to communicate details about a new securities offering, which could affect the company's capital structure and future financial performance.

Risk Assessment

Risk Level: medium — The filing of an FWP indicates an upcoming securities offering, which could lead to share dilution or changes in the company's debt structure, posing a moderate risk to existing shareholders.

Analyst Insight

An investor should monitor subsequent filings from JPMorgan Chase & Co. for the full prospectus or pricing details of the securities offering to understand potential dilution or capital structure changes.

Key Players & Entities

• JPMorgan Chase & Co. (company) — the filer and subject of the FWP
• 0000019617 (company) — CIK of JPMorgan Chase & Co.
• 2026-03-25 (date) — the filing date of the FWP
• 270 PARK AVENUE NEW YORK NY 10017 (company) — mailing and business address of JPMorgan Chase & Co.

FAQ

Key Financial Figures

• $1,000 — organ Chase & Co. Minimum Denomination: $1,000 Reference Stock: Common stock of NVIDIA
• $940.00 — he notes are set, will not be less than $940.00 per $1,000 principal amount note. For i
• $1,033.75 — Contingent Interest Rate) Stock Return $1,033.75 60.00% $1,033.75 40.00% $1,033.75 20.00
• $599.90 — % $1,033.75 - 30.00% $1,033.75 - 40.00% $599.90 - 40.01% $500.00 - 50.00% $400.00 - 60.
• $500.00 — 00% $1,033.75 - 40.00% $599.90 - 40.01% $500.00 - 50.00% $400.00 - 60.00% $200.00 - 80.
• $400.00 — 0.00% $599.90 - 40.01% $500.00 - 50.00% $400.00 - 60.00% $200.00 - 80.00% $0.00 - 100.0
• $200.00 — 0.01% $500.00 - 50.00% $400.00 - 60.00% $200.00 - 80.00% $0.00 - 100.00% This table doe
• $0.00 — 0.00% $400.00 - 60.00% $200.00 - 80.00% $0.00 - 100.00% This table does not demonstra
• $33.75 — gent Interest Payment equal to at least $33.75 (equivalent to a Contingent Interest Ra

Filing Documents

• ea0283276-01_fwp.htm (FWP) — 11KB
• image_001.jpg (GRAPHIC) — 2142KB
• image_002.jpg (GRAPHIC) — 2183KB
• 0001213900-26-033819.txt ( ) — 5969KB

From the Filing

SHEET The following is a summary of the terms of the notes offered by the preliminary pricing supplement hyperlinked below. Summary of Terms Issuer: JPMorgan Chase Financial Company LLC Guarantor: JPMorgan Chase & Co. Minimum Denomination: $1,000 Reference Stock: Common stock of NVIDIA Corporation Pricing Date: March 31, 2026 Final Review Date: March 31, 2028 Maturity Date: April 5, 2028 Review Dates: Quarterly Contingent Interest Rate: At least 13.50%* per annum, payable quarterly at a rate of at least 3.375%*, if applicable Interest Barrier/ Trigger Value: An amount that represents 60.00% of the Initial Value CUSIP: 46660RJC9 Preliminary Pricing Supplement: http://sp.jpmorgan.com/document/cusip/46660RJC9/doctype/Product_Termsheet/document.pdf Estimated Value: The estimated value of the notes, when the terms of the notes are set, will not be less than $940.00 per $1,000 principal amount note. For information about the estimated value of the notes, which likely will be lower than the price you paid for the notes, please see the hyperlink above. Automatic Call If the closing price of one share of the Reference Stock on any Review Date (other than the first and final Review Dates) is gre ater than or equal to the Initial Value, the notes will be automatically called for a cash payment, for each $1,000 principal amount note, equal to (a) $1,000 plus (b) the Contingent Interest Payment applicable to that Review Date plus (c) any previously unpaid Contingent Interest Payments for any prior Review Dates, payable on the applicable Call Settlement Date. No further payments will be made on the notes. Payment at Maturity If the notes have not been automatically called and the Final Value is greater than or equal to the Trigger Value, you will r ece ive a cash payment at maturity, for each $1,000 principal amount note, equal to (a) $1,000 plus (b) the Contingent Interest Payment applicable to the final Review Date plus (c) any previously unpaid Contingent Interest Payments for any prior Review Dates. If the notes have not been automatically called and the Final Value is less than the Trigger Value, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + ($1,000 Stock Return) If the notes have not been automatically called and the Final Value is less than the Trigger Value, you will lose more than 4 0.0 0% of your principal amount at maturity and could lose all of your principal amount at maturity. Capitalized terms used but not defined herein shall have the meanings set forth in the preliminary pricing supplement. Any payment on the notes is subject to the credit risk of JPMorgan Chase Financial Company LLC, as issuer of the notes, and t he credit risk of JPMorgan Chase & Co., as guarantor of the notes. Hypothetical Payment at Maturity** J.P. Morgan Structured Investments | 1 800 576 3529 | jpm_structured_inv e stments@jpmorgan.com 2yNC6m NVDA Auto Callable Contingent Interest Notes North America Structured Investments Payment at Maturity (assuming 13.50% per annum Contingent Interest Rate) Stock Return $1,033.75 60.00% $1,033.75 40.00% $1,033.75 20.00% $1,033.75 5.00% $1,033.75 0.00% $1,033.75 - 5.00% $1,033.75 - 10.00% $1,033.75 - 20.00% $1,033.75 - 30.00% $1,033.75 - 40.00% $599.90 - 40.01% $500.00 - 50.00% $400.00 - 60.00% $200.00 - 80.00% $0.00 - 100.00% This table does not demonstrate how your interest payments can vary over the term of your notes. Contingent Interest *If the notes have not been automatically called and the closing price of one share of the Reference Stock on any Review Date is greater than or equal to the Interest Barrier, you will receive on the applicable Interest Payment Date for each $1,000 principal amount note a Contingent Interest Payment equal to at least $33.75 (equivalent to a Contingent Interest Rate of at least 13.50% per annum, payable at a rate of at least 3.375% per quarter), plus any previously unpaid Contingent Interest Payments for any prior Review Dates. **This table assumes that no previously unpaid Contingent Interest Payment is payable at maturity. The hypothetical payments on the notes shown above apply only if you hold the notes for their entire term or until automatically called. These hypotheticals do not reflect fees or expenses that would be associated with any sale in the secondary market. If these fees and expenses were included, the hypothetical payments shown above would likely be lower. J.P. Morgan Structured Investments | 1 800 576 3529 | jpm_structured_investments@jpmorgan.com Selected Risks Your investment in the notes may result in a loss. The notes do not guarantee any return of principal. The notes do not guarantee the payment of interest and may not pay interest at all. Any payment on the notes is subject to the credit risks of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. Therefore the value of the notes prior to maturity will be subject to changes in the market's view of the creditworthiness of

View Full Filing

View this FWP filing on SEC EDGAR