JPMorgan Chase Financial Co. LLC Files New Securities Prospectus

TL;DR

**JPM Financial Co. just filed for new securities, watch for details on the offering.**

AI Summary

JPMorgan Chase Financial Co. LLC, a subsidiary of JPMorgan Chase & Co., filed a 424B2 prospectus on March 23, 2026. This filing, under File No. 333-270004-01, indicates that JPMorgan Chase Financial Co. LLC is offering new securities. For investors, this means the company is raising capital, which could be used for various corporate purposes, potentially impacting future growth or financial stability, and it's important to understand the terms of these new securities.

Why It Matters

This filing signals JPMorgan Chase Financial Co. LLC is issuing new securities to raise capital, which could dilute existing shareholder value or fund new initiatives.

Risk Assessment

Risk Level: medium — The risk level is medium because while the filing itself is administrative, the underlying offering of new securities could impact existing shareholders through dilution or changes in the company's debt structure.

Analyst Insight

Investors should monitor subsequent filings or press releases for specific details on the type, quantity, and terms of the securities being offered by JPMorgan Chase Financial Co. LLC to assess potential impact on their investment in JPMorgan Chase & Co.

Key Numbers

• 333-270004-01 — File Number (Identifies the specific registration statement for the securities offering by JPMorgan Chase Financial Co. LLC.)
• 2026-03-23 — Filing Date (Indicates when the prospectus for the new securities offering was officially submitted to the SEC.)

Key Players & Entities

• JPMorgan Chase Financial Co. LLC (company) — Filer of the 424B2 prospectus
• JPMorgan Chase & Co. (company) — Parent company of the filer
• 0001665650 (person) — CIK of JPMorgan Chase Financial Co. LLC
• 0000019617 (person) — CIK of JPMorgan Chase & Co.
• 2026-03-23 (date) — Filing date of the 424B2
• 333-270004-01 (dollar_amount) — File number for JPMorgan Chase Financial Co. LLC's offering

FAQ

Key Financial Figures

• $1,000 — ribed below. Minimum denominations of $1,000 and integral multiples thereof The no
• $3.00 — t will these selling commissions exceed $3.00 per $1,000 principal amount note. See
• $988.90 — lue of the notes would be approximately $988.90 per $1,000 principal amount note. The
• $950.00 — supplement and will not be less than $950.00 per $1,000 principal amount note. See "
• $1,164.50 — maximum payment at maturity of at least $1,164.50 per $1,000 principal amount note if t
• $1,200.00 — , your maximum payment at maturity is $1,200.00 per $1,000 principal amount note. I
• $1,100.00 — .50 105.000 5.000% N/A 10.00% $1,100.00 101.000 1.000% N/A 2.00% $1,0
• $1,020.00 — 0.00 101.000 1.000% N/A 2.00% $1,020.00 100.000 0.000% 0.00% 0.00% $1
• $1,000.00 — 00 100.000 0.000% 0.00% 0.00% $1,000.00 95.000 -5.000% 5.00% 5.00% $1
• $1,050.00 — 00 95.000 -5.000% 5.00% 5.00% $1,050.00 90.000 -10.000% 10.00% 10.00%
• $1,150.00 — 85.000 -15.000% 15.00% 15.00% $1,150.00 80.000 -20.000% 20.00% 20.00%
• $900.00 — 0 70.000 -30.000% N/A -10.00% $900.00 60.000 -40.000% N/A -20.00% $
• $800.00 — 0 60.000 -40.000% N/A -20.00% $800.00 50.000 -50.000% N/A -30.00% $
• $700.00 — 0 50.000 -50.000% N/A -30.00% $700.00 40.000 -60.000% N/A -40.00% $
• $600.00 — 0 40.000 -60.000% N/A -40.00% $600.00 30.000 -70.000% N/A -50.00% $

Filing Documents

• ea0283090-01_424b2.htm (424B2) — 686KB
• bg1.jpg (GRAPHIC) — 278KB
• bg2.jpg (GRAPHIC) — 266KB
• bg3.jpg (GRAPHIC) — 437KB
• bg4.jpg (GRAPHIC) — 359KB
• bg5.jpg (GRAPHIC) — 265KB
• bg6.jpg (GRAPHIC) — 76KB
• bg7.jpg (GRAPHIC) — 492KB
• bg8.jpg (GRAPHIC) — 275KB
• bg9.jpg (GRAPHIC) — 225KB
• bga.jpg (GRAPHIC) — 38KB
• 0001213900-26-033018.txt ( ) — 2230KB

From the Filing

PRICING SUPPLEMENT The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. April , 2026 Registration Statement Nos. 333-270004 and 333- 270004 -01; Rule 424(b)(2) Pricing supplement to product supplement no. 4-I dated April 13, 2023, underlying supplement no. 1-I dated April 13, 2023, the prospectus and prospectus supplement, each dated April 13, 2023, and the prospectus addendum dated June 3, 2024 JPMorgan Chase Financial Company LLC Structured Investments Capped Dual Directional Buffered Return Enhanced Notes Linked to the Lesser Performing of the Nasdaq- 100 Index and the S&P 500 Index due October 6, 2027 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek a capped return of 2.00 times any appreciation (with a Maximum Upside Return of at least 16.45%), or a capped, unleveraged return equal to the absolute value of any depreciation (up to the Buffer Amount of 20.00%), of the lesser performing of the Nasdaq-100 Index and the S&P 500 Index, which we refer to as the Indices, at maturity. Investors should be willing to forgo interest and dividend payments and be willing to lose up to 80.00% of their principal amount at maturity. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, which we refer to as JPMorgan Financial, the payment on which is fully and unconditionally guaranteed by JPMorgan Chase & Co. Any payment on the notes is subject to the credit risk of JPMorgan Financial, as issuer of the notes, and the credit risk of JPMorgan Chase & Co., as guarantor of the notes. Payments on the notes are not linked to a basket composed of the Indices. Payments on the notes are linked to the performance of each of the Indices individually, as described below. Minimum denominations of $1,000 and integral multiples thereof The notes are expected to price on or about April 1, 2026 and are expected to settle on or about April 7, 2026. CUSIP: 46660RGW8 Investing in the notes involves a number of risks. See "Risk Factors" beginning on page S -2 of the accompanying prospectus supplement, Annex A to the accompanying prospectus addendum, "Risk Factors" beginning on page PS -11 of the accompanying product supplement and "Selected Risk Considerations" beginning on page PS -4 of this pricing supplement. Neither the Securities and Exchange Commission (the "SEC") nor any state securities commission has approved or disapproved of the notes or passed upon the accuracy or the adequacy of this pricing supplement or the accompanying product supplement, underlying supplement, prospectus supplement, prospectus and prospectus addendum. Any representation to the contrary is a criminal offense. Price to Public (1) Fees and Commissions (2) Proceeds to Issuer Per note $1,000 $ $ Total $ $ $ (1) See "Supplemental Use of Proceeds" in this pricing supplement for information about the components of the price to public of the notes. (2) J.P. Morgan Securities LLC, which we refer to as JPMS, acting as agent for JPMorgan Financial, will pay all of the selling commissions it receives from us to other affiliated or unaffiliated dealers. In no event will these selling commissions exceed $3.00 per $1,000 principal amount note. See "Plan of Distribution (Conflicts of Interest)" in the accompanying product supplement. If the notes priced today, the estimated value of the notes would be approximately $988.90 per $1,000 principal amount note. The estimated value of the notes, when the terms of the notes are set, will be provided in the pricing supplement and will not be less than $950.00 per $1,000 principal amount note. See "The Estimated Value of the Notes" in this pricing supplement for additional information. The notes are not bank deposits, are not insured by the Federal Deposit Insurance Corporation or any other governmental agenc y and are not obligations of, or guaranteed by, a bank. PS -1| Structured Investments Capped Dual Directional Buffered Return Enhanced Notes Linked to the Lesser Performing of the Nasdaq-100 Index and the S&P 500 Index Key Terms Issuer: JPMorgan Chase Financial Company LLC, a direct, wholly owned finance subsidiary of JPMorgan Chase & Co. Guarantor: JPMorgan Chase & Co. Indices: The Nasdaq-100 Index (Bloomberg ticker: NDX) and the S&P 500 Index (Bloomberg ticker: SPX) (each an "Index" and collectively, the "Indices") Maximum Upside Return: At least 16.45% (corresponding to a maximum payment at maturity of at least $1,164.50 per $1,000 principal amount note if the Lesser Performing Index Return is positive) (to be provided in the pricing supplement) Upside Leverage Factor: 2.00 Buff

View Full Filing

View this 424B2 filing on SEC EDGAR