JPMorgan Chase Financial Co. LLC Files 424B2 Prospectus

TL;DR

**JPM Financial is prepping a new securities offering, watch for details.**

AI Summary

JPMorgan Chase Financial Co. LLC, a subsidiary of JPMorgan Chase & Co., filed a 424B2 prospectus on March 24, 2026, for an offering under their existing shelf registration statement (File No. 333-270004-01). This filing indicates that JPMorgan Chase Financial Co. LLC is preparing to issue new securities, likely debt, to raise capital. For investors, this means the company is actively managing its capital structure, which could impact future earnings through interest expenses or dilute existing shareholders if equity-linked securities are issued, making it important to monitor the specific terms of the offering once disclosed.

Why It Matters

This filing signals JPMorgan Chase Financial Co. LLC's intent to raise capital, which could affect the parent company's financial leverage and future profitability.

Risk Assessment

Risk Level: medium — The filing itself is procedural, but the underlying offering could introduce new debt or equity, impacting the company's financial health and existing shareholders.

Analyst Insight

Investors should monitor subsequent filings for the specific terms of the securities being offered, as these details will determine the impact on JPMorgan Chase & Co.'s financial statements and shareholder value.

Key Numbers

• 2026-03-24 — Filing Date (Date the 424B2 prospectus was filed by JPMorgan Chase Financial Co. LLC)
• 0001665650 — CIK (Central Index Key for JPMorgan Chase Financial Co. LLC)
• 333-270004-01 — File No. (Registration statement number under which the offering is made by JPMorgan Chase Financial Co. LLC)

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
• 333-270004-01 (dollar_amount) — File number for JPMorgan Chase Financial Co. LLC's shelf registration
• 333-270004 (dollar_amount) — File number for JPMORGAN CHASE & CO's shelf registration
• 2026-03-24 (dollar_amount) — Filing date of the 424B2 prospectus

Forward-Looking Statements

• JPMorgan Chase Financial Co. LLC will announce the specific terms (e.g., interest rate, maturity) of a new debt offering. (JPMorgan Chase Financial Co. LLC) — high confidence, target: 2026-04-24
• The new offering will primarily target institutional investors. (JPMorgan Chase Financial Co. LLC) — medium confidence, target: 2026-04-24

FAQ

Key Financial Figures

• $500,000 — Company LLC Structured Investments $500,000 Uncapped Buffered Return Enhanced Note
• $1,000 — f the notes. Minimum denominations of $1,000 and integral multiples thereof The no
• $6 — roceeds to Issuer Per note $1,000 $6 $994 Total $500,000 $3,000 $49
• $994 — eds to Issuer Per note $1,000 $6 $994 Total $500,000 $3,000 $497,000
• $3,000 — $1,000 $6 $994 Total $500,000 $3,000 $497,000 (1) See "Supplemental Use
• $497,000 — $6 $994 Total $500,000 $3,000 $497,000 (1) See "Supplemental Use of Proceeds
• $6.00 — pay all of the selling commissions of $6.00 per $1,000 principal amount note it rec
• $981.60 — en the terms of the notes were set, was $981.60 per $1,000 principal amount note. See
• $1,840.400 — Maturity 180.00 80.00% 84.0400% $1,840.400 170.00 70.00% 73.5350% $1,735.3
• $1,735.350 — ,840.400 170.00 70.00% 73.5350% $1,735.350 160.00 60.00% 63.0300% $1,630.3
• $1,630.300 — ,735.350 160.00 60.00% 63.0300% $1,630.300 150.00 50.00% 52.5250% $1,525.2
• $1,525.250 — ,630.300 150.00 50.00% 52.5250% $1,525.250 140.00 40.00% 42.0200% $1,420.2
• $1,420.200 — ,525.250 140.00 40.00% 42.0200% $1,420.200 130.00 30.00% 31.5150% $1,315.1
• $1,315.150 — ,420.200 130.00 30.00% 31.5150% $1,315.150 120.00 20.00% 21.0100% $1,210.1
• $1,210.100 — ,315.150 120.00 20.00% 21.0100% $1,210.100 110.00 10.00% 10.5050% $1,105.0

Filing Documents

• ea0283209-01_424b2.htm (424B2) — 452KB
• ea028320901_ex-filingfees.htm (EX-FILING FEES) — 4KB
• bg1.jpg (GRAPHIC) — 245KB
• bg2.jpg (GRAPHIC) — 263KB
• bg3.jpg (GRAPHIC) — 466KB
• bg4.jpg (GRAPHIC) — 348KB
• bg5.jpg (GRAPHIC) — 261KB
• bg6.jpg (GRAPHIC) — 81KB
• bg7.jpg (GRAPHIC) — 384KB
• bg8.jpg (GRAPHIC) — 220KB
• bg9.jpg (GRAPHIC) — 291KB
• bga.jpg (GRAPHIC) — 37KB
• 0001213900-26-033390.txt ( ) — 1904KB
• ea028320901_ex-filingfees_htm.xml (XML) — 2KB

From the Filing

SUPPLEMENT March 20, 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 $500,000 Uncapped Buffered Return Enhanced Notes Linked to the MSCI Emerging Markets Index due March 25, 2030 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek an uncapped return of 1.0505 times any appreciation of the MSCI Emerging Markets Index, 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. 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: 46660RCL6 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 $6 $994 Total $500,000 $3,000 $497,000 (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 $6.00 per $1,000 principal amount note it receives from us to other affiliated or unaffiliated dealers. See "Plan of Distribution (Conf licts of Interest)" in the accompanying product supplement. The estimated value of the notes, when the terms of the notes were set, was $981.60 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 Uncapped Buffered Return Enhanced Notes Linked to the MSCI Emerging Markets Index Key Terms Issuer: JPMorgan Chase Financial Company LLC, a direct, wholly owned finance subsidiary of JPMorgan Chase & Co. Guarantor: JPMorgan Chase & Co. Index: The MSCI Emerging Markets Index (Bloomberg ticker: MXEF) Upside Leverage Factor: 1.0505 Buffer Amount: 20.00% Pricing Date: March 20, 2026 Original Issue Date (Settlement Date): On or about March 25, 2026 Observation Date*: March 20, 2030 Maturity Date*: March 25, 2030 * Subject to postponement in the event of a market disruption event and as described under "General Terms of Notes — Postponement of a Determination Date — Notes Linked to a Single Underlying — Notes Linked to a Single Underlying (Other Than a Commodity In dex)" and "General Terms of Notes — Postponement of a Payment Date" in the accompanying product supplement or early acceleration in the event of a change- in -law event as described under "General Terms of Notes — Consequences of a Change- in - Law Event" in th e accompanying product supplement and "Selected Risk Considerations — We May Accelerate Your Notes If a Change- in - Law Event Occurs" in this pricing supplement Payment at Maturity: If the Final Value is greater than the Initial Value, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + ($1,000 Index Return Upside Leverage Factor) If the Final Value is equal to the Initial Value or is less than the Initial Value by up to the Buffer Amount, you will receive the principal amount of your notes at maturity. If the Final Value is less than the Initial Value by m

View Full Filing

View this 424B2 filing on SEC EDGAR