JPMorgan Chase Financial Co. LLC Files 424B2 Prospectus

TL;DR

**JPMorgan Chase Financial Co. LLC is prepping to issue new securities.**

AI Summary

JPMorgan Chase Financial Co. LLC filed a 424B2 prospectus on March 24, 2026, which is a standard filing for offering new securities. This filing, under Act 33 and File No. 333-270004-01, indicates that JPMorgan Chase Financial Co. LLC, a subsidiary of JPMorgan Chase & Co., is preparing to issue new financial products. For investors, this means the company is actively managing its capital structure, potentially raising funds for operations or investments, which could impact future earnings and stock performance.

Why It Matters

This filing signals JPMorgan Chase Financial Co. LLC's intent to offer new securities, which could dilute existing shares or raise capital for strategic initiatives, impacting the parent company's financial health.

Risk Assessment

Risk Level: low — This is a routine prospectus filing, indicating an intent to offer securities, which is a normal part of a financial institution's operations and doesn't inherently signal high risk.

Analyst Insight

Investors should monitor subsequent filings (like a final pricing supplement) to understand the specific terms, size, and type of securities being offered by JPMorgan Chase Financial Co. LLC, as this will determine the potential impact on the parent company's stock.

Key Numbers

• 424B2 — Form Type (Indicates a prospectus for a public offering of securities)
• 0001665650 — CIK (Central Index Key for JPMorgan Chase Financial Co. LLC)
• 0000019617 — CIK (Central Index Key for JPMorgan Chase & Co)

Key Players & Entities

• JPMorgan Chase Financial Co. LLC (company) — Filer of the 424B2 prospectus
• JPMorgan Chase & Co (company) — Parent company of the Filer
• March 24, 2026 (date) — Filing Date of the 424B2
• 333-270004-01 (string) — File Number for JPMorgan Chase Financial Co. LLC's filing
• 333-270004 (string) — File Number for JPMorgan Chase & Co's filing

FAQ

Key Financial Figures

• $1,000 — f the notes. Minimum denominations of $1,000 and integral multiples thereof The no
• $2.00 — t will these selling commissions exceed $2.00 per $1,000 principal amount note. See
• $980.00 — lue of the notes would be approximately $980.00 per $1,000 principal amount note. The
• $950.00 — supplement and will not be less than $950.00 pe r $1,000 principal amount note. See
• $1.00 — Lamb Weston Holdings, Inc., par value $1.00 per share (Bloomberg ticker: LW ). We
• $11.25 — an Interest Payment equal to at least $11.25 (equivalent to an Interest Rate of at
• $1 — luding the final Interest Payment) of $1, 100.00 per $1,000 principal amount not
• $40.1915 — e Value) Strike Value Strike Value: $40.1915 , determined based on certain intraday
• $135.00 — Interest Rate of 13.50% per annum is $135.00. The actual Interest Rate will be provi
• $100.00 — sume the following: a Strike Value of $100.00; a Maximum Return of 10 .00 %; a Bu
• $180.00 — rn on the Notes Payment at Maturity $180.00 80.00% 10.000% $1,100.00 $165.0
• $1,100.00 — Maturity $180.00 80.00% 10.000% $1,100.00 $165.00 65.00% 10.000% $1,100.0
• $165.00 — 180.00 80.00% 10.000% $1,100.00 $165.00 65.00% 10.000% $1,100.00 $150.0
• $150.00 — 165.00 65.00% 10.000% $1,100.00 $150.00 50.00% 10.000% $1,100.00 $140.0
• $140.00 — 150.00 50.00% 10.000% $1,100.00 $140.00 40.00% 10.000% $1,100.00 $130.0

Filing Documents

• ea0283032-01_424b2.htm (424B2) — 707KB
• bg1.jpg (GRAPHIC) — 225KB
• bg2.jpg (GRAPHIC) — 260KB
• bg3.jpg (GRAPHIC) — 306KB
• bg4.jpg (GRAPHIC) — 390KB
• bg5.jpg (GRAPHIC) — 267KB
• bg6.jpg (GRAPHIC) — 133KB
• bg7.jpg (GRAPHIC) — 43KB
• bg8.jpg (GRAPHIC) — 475KB
• bg9.jpg (GRAPHIC) — 114KB
• bga.jpg (GRAPHIC) — 192KB
• bgb.jpg (GRAPHIC) — 260KB
• 0001213900-26-033180.txt ( ) — 2008KB

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. March , 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 , 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 Buffered Yield Notes Linked to the Common Stock of Lamb Weston Holdings, Inc. due March 29, 2027 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek periodic Interest Payments at a rate of at least 13.50% per annum over the term of the notes, payable at a rate of at least 1.125% per month . The notes are also designed for investors who seek an unleveraged exposure to any appreciation of the Reference Stock, up to a maximum return of 10 .00% (excluding Interest Payments), at maturity. Investors should be willing to accept the risk of losing some or all of their principal and be willing to forgo dividend payments, in exchange for Interest Payments and exposure to any appreciation of the Reference Stock, up to a maximum return of 10 .00% (excluding Interest Payments), 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. Minimum denominations of $1,000 and integral multiples thereof The notes are expected to price on or about March 23, 2026 (the "Pricing Date") and are expected to settle on or about March 26, 2026 . The Strike Value has been determined by reference to certain intraday trades in the Reference Stock that occurred on March 20, 2026 (the "Strike Date") and not by reference to the closing price of one share of the Reference Stock on the Strike Date or the Pricing Date . CUSIP: 46660RGU2 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, 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 $2.00 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 $980.00 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 pe r $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 agency and are not obligations of, or guaranteed by, a bank. PS-1 | Structured Investments Capped Buffered Yield Notes Linked to the Common Stock of Lamb Weston Holdings, Inc. Key Terms Issuer: JPMorgan Chase Financial Company LLC , a direct, wholly owned finance subsidiary of JPMorgan Chase & Co. Guarantor: JPMorgan Chase & Co. Reference Stock: The common stock of Lamb Weston Holdings, Inc., par value $1.00 per share (Bloomberg ticker: LW ). We refer to Lamb Weston Holdings, Inc. as " Lamb Weston ." Interest Payments: You will receive on each Interest Payment Date for each $1,000 principal amount note an Interest Payment equal to

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View this 424B2 filing on SEC EDGAR