JPMorgan Financial Files 424B2 Prospectus for New Securities Offering

TL;DR

**JPMorgan Financial just filed a prospectus, likely gearing up to issue new debt or equity.**

AI Summary

JPMorgan Chase Financial Co. LLC, a subsidiary of JPMorgan Chase & Co., filed a 424B2 prospectus on March 24, 2026. This filing, under File No. 333-270004-01, is a standard procedure for offering securities, indicating that the company is preparing to issue new financial products. For investors, this means potential new investment opportunities or changes in the company's capital structure, which could impact future earnings or dividend policies.

Why It Matters

This filing signals JPMorgan Chase Financial Co. LLC's intent to offer new securities, which could dilute existing shares or provide capital for growth, directly impacting shareholder value.

Risk Assessment

Risk Level: low — A 424B2 filing is a routine prospectus for offering securities and does not inherently indicate high risk, but rather preparation for future financial activity.

Analyst Insight

Investors should monitor future filings from JPMorgan Chase Financial Co. LLC for details on the specific securities being offered, such as interest rates, maturity dates, or equity terms, to assess potential investment opportunities or impacts on existing holdings.

Key Numbers

• 333-270004-01 — File Number (Identifies the specific registration statement under which the securities will be offered by JPMorgan Chase Financial Co. LLC.)
• 2026-03-24 — Filing Date (The date the 424B2 prospectus was filed, indicating when the company made its intent to offer securities public.)

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 prospectus
• 333-270004-01 (dollar_amount) — File number for JPMorgan Chase Financial Co. LLC's registration statement

FAQ

Key Financial Figures

• $75,000 — l Company LLC Structured Investments $75,000 Auto Callable Contingent Interest Not
• $1,000 — f the notes. Minimum denominations of $1,000 and integral multiples thereof The no
• $2.50 — roceeds to Issuer Per note $1,000 $2.50 $997.50 Total $75,000 $187.50
• $997.50 — to Issuer Per note $1,000 $2.50 $997.50 Total $75,000 $187.50 $74,812.5
• $187.50 — 0 $2.50 $997.50 Total $75,000 $187.50 $74,812.50 (1) See "Supplemental Us
• $74,812.50 — $997.50 Total $75,000 $187.50 $74,812.50 (1) See "Supplemental Use of Proceeds
• $941.10 — en the terms of the notes were set, was $941.10 per $1,000 principal amount note. See "
• $50.00 — a Contingent Interest Payment equal to $50.00 (equivalent to a Contingent Interest Ra
• $600.00 — tal Contingent Interest Payments 12 $600.00 11 $550.00 10 $500.00 9 $45
• $550.00 — Interest Payments 12 $600.00 11 $550.00 10 $500.00 9 $450.00 8 $400
• $500.00 — ts 12 $600.00 11 $550.00 10 $500.00 9 $450.00 8 $400.00 7 $350.
• $450.00 — .00 11 $550.00 10 $500.00 9 $450.00 8 $400.00 7 $350.00 6 $300.
• $400.00 — 0.00 10 $500.00 9 $450.00 8 $400.00 7 $350.00 6 $300.00 5 $250.
• $350.00 — 00.00 9 $450.00 8 $400.00 7 $350.00 6 $300.00 5 $250.00 4 $200.
• $300.00 — 50.00 8 $400.00 7 $350.00 6 $300.00 5 $250.00 4 $200.00 3 $150.

Filing Documents

• form424b2.htm (424B2) — 216KB
• exfilingfees.htm (EX-FILING FEES) — 5KB
• image_001.jpg (GRAPHIC) — 21KB
• image_002.jpg (GRAPHIC) — 5KB
• image_006.jpg (GRAPHIC) — 148KB
• image_003.gif (GRAPHIC) — 5KB
• image_004.gif (GRAPHIC) — 5KB
• image_005.gif (GRAPHIC) — 5KB
• 0001918704-26-007916.txt ( ) — 570KB
• exfilingfees_htm.xml (XML) — 2KB

From the Filing

SUPPLEMENT March 20, 2026 Registration Statement Nos. 333-270004 and 333-270004-01; Rule 424(b)(2) JPMorgan Chase Financial Company LLC Structured Investments $75,000 Auto Callable Contingent Interest Notes Linked to the MerQube US Gold Vol Advantage Index due March 23, 2029 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek a Contingent Interest Payment with respect to each Review Date for which the closing level of the MerQube US Gold Vol Advantage Index, which we refer to as the Index, is greater than or equal to 75.00% of the Initial Value, which we refer to as the Interest Barrier. The notes will be automatically called if the closing level of the Index on any Review Date (other than the first, second, third and final Review Dates) is greater than or equal to the Initial Value. The earliest date on which an automatic call may be initiated is March 22, 2027. Investors should be willing to accept the risk of losing a significant portion or all of their principal and the risk that no Contingent Interest Payment may be made with respect to some or all Review Dates. Investors should also be willing to forgo fixed interest payments, in exchange for the opportunity to receive Contingent Interest Payments. The Index is subject to a 6.0% per annum daily deduction. This daily deduction will offset any appreciation of the futures contracts included in the Index, will heighten any depreciation of those futures contracts and will generally be a drag on the performance of the Index. The Index will trail the performance of an identical index without a deduction. See "Selected Risk Considerations — Risks Relating to the Notes Generally — The Level of the Index Will Include a 6.0% per Annum Daily Deduction" in this pricing supplement. 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 priced on March 20, 2026 and are expected to settle on or about March 25, 2026. CUSIP: 46660MGK5 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, "Risk Factors" beginning on page US-4 of the accompanying underlying supplement and "Selected Risk Considerations" beginning on page PS-6 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 $2.50 $997.50 Total $75,000 $187.50 $74,812.50 (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 of $2.50 per $1,000 principal amount note it receives from us to other affiliated or unaffiliated dealers. See "Plan of Distribution (Conflicts of Interest)" in the accompanying product supplement. The estimated value of the notes, when the terms of the notes were set, was $941.10 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 agency and are not obligations of, or guaranteed by, a bank. Pricing supplement to product supplement no. 4-I dated April 13, 2023, underlying supplement no. 5-III dated March 5, 2025, the prospectus and prospectus supplement, each dated April 13, 2023, and the prospectus addendum dated June 3, 2024 Key Terms Issuer: JPMorgan Chase Financial Company LLC, a direct, wholly owned finance subsidiary of JPMorgan Chase & Co. Guarantor: JPMorgan Chase & Co. Index: The MerQube US Gold Vol Advantage Index (Bloomberg ticker: MQUSGVA). The level of the Index reflects a deduction of 6.0% per annum that accrues daily. Contingent Interest Payments: If the notes have not been automatically called and the closing level of the Index on any Review Date is greater than or equal to the Interest Barrier

View Full Filing

View this 424B2 filing on SEC EDGAR