JPMorgan Chase Financial Co. LLC Files 424B2 Prospectus

TL;DR

**JPMorgan Chase Financial Co. LLC is prepping to issue new securities, watch for details.**

AI Summary

JPMorgan Chase Financial Co. LLC, a subsidiary of JPMorgan Chase & Co., filed a 424B2 prospectus on March 24, 2026, related to its existing shelf registration statement (File No. 333-270004-01). This filing indicates that the company is preparing to offer new securities, likely debt or equity, under its previously approved registration. For investors, this means JPMorgan Chase Financial Co. LLC is actively managing its capital structure, which could impact future earnings or dividend policies depending on the terms of the new securities.

Why It Matters

This filing signals JPMorgan Chase Financial Co. LLC's intent to issue new securities, which could dilute existing shareholders or increase the company's debt obligations, impacting its financial health.

Risk Assessment

Risk Level: medium — The filing itself is procedural, but the subsequent offering of securities could introduce financial risks depending on the terms and use of proceeds.

Analyst Insight

Investors should monitor subsequent filings from JPMorgan Chase Financial Co. LLC for details on the type, amount, and terms of the securities being offered, as this will determine the impact on existing shareholders and the company's financial leverage.

Key Numbers

• 333-270004-01 — Shelf Registration File No. (This is the underlying registration statement under which the new securities will be offered.)
• 2026-03-24 — Filing Date (The date the 424B2 prospectus was filed, indicating the timing of the potential offering.)

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 the shelf registration statement

Forward-Looking Statements

• JPMorgan Chase Financial Co. LLC will announce the specific terms of a new securities offering. (JPMorgan Chase Financial Co. LLC) — high confidence, target: Within 3 months of March 24, 2026

FAQ

Key Financial Figures

• $10,000 — f the notes. Minimum denominations of $10,000 and integral multiples of $1,000 in exc
• $1,000 — ns of $10,000 and integral multiples of $1,000 in excess thereof Key Terms Issuer:
• $1,100.20 — ity per $1,000 principal amount note is $1,100.20. *The actual Contingent Digital Return
• $10.00 — t will these selling commissions exceed $10.00 per $1,000 principal amount note. See "
• $983.10 — lue of the notes would be approximately $983.10 per $1,000 principal amount note. The e
• $970.00 — ng supplement and will not be less than $970.00 per $1,000 principal amount note. See "
• $555.556 — estor receives a payment at maturity of $555.556 per $1,000 principal amount note, calcu

Filing Documents

• ea0283256-01_424b2.htm (424B2) — 84KB
• image_001.jpg (GRAPHIC) — 11KB
• image_002.jpg (GRAPHIC) — 149KB
• 0001213900-26-033419.txt ( ) — 307KB

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. 2026. Pricing supplement To prospectus dated April 13, 2023, prospectus supplement dated April 13, 2023, product supplement no. 4-I dated April 13, 2023, underlying supplement no. 1-I dated April 13, 2023 and prospectus addendum dated June 3, 2024 Registration Statement Nos. 333-270004 and 333-270004-01 Dated March , 2026 Rule 424(b)(2) JPMorgan Chase Financial Company LLC Structured Investments $ Digital Buffered Notes Linked to the S&P 500 ® Index due April 8, 2027 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. General The notes are designed for investors who seek a fixed return of at least 10.02%* if the Ending Index Level of the S&P 500 ® Index is greater than or equal to the Index Strike Level or is less than the Index Strike Level by up to 10.00%. Investors should be willing to forgo interest and dividend payments and, if the Ending Index Level is less than the Index Strike Level by more than 10.00%, be willing to lose some or all 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 $10,000 and integral multiples of $1,000 in excess thereof Key Terms Issuer: JPMorgan Chase Financial Company LLC, a direct, wholly owned finance subsidiary of JPMorgan Chase & Co. Guarantor: JPMorgan Chase & Co. Index: The S&P 500 ® Index (Bloomberg ticker: SPX) Payment at Maturity: If the Ending Index Level is greater than or equal to the Index Strike Level or is less than the Index Strike Level by up to the Buffer Amount, at maturity you will receive a cash payment that provides you with a return per $1,000 principal amount note equal to the Contingent Digital Return. Accordingly, under these circumstances, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + ($1,000 × Contingent Digital Return) If the Ending Index Level is less than the Index Strike Level by more than the Buffer Amount, at maturity you will lose 1.11111% of the principal amount of your notes for every 1% that the Ending Index Level is less than the Index Strike Level by more than the Buffer Amount. Under these circumstances, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + [$1,000 × (Index Return + Buffer Amount) × Downside Leverage Factor] You will lose some or all of your principal amount at maturity if the Ending Index Level is less than the Index Strike Level by more than the Buffer Amount of 10.00%. Contingent Digital Return: At least 10.02%*, which reflects the maximum return on the notes. Accordingly, assuming a Contingent Digital Return of 10.02%, the maximum payment at maturity per $1,000 principal amount note is $1,100.20. *The actual Contingent Digital Return will be provided in the pricing supplement and will not be less than 10.02%. Buffer Amount: 10.00% Downside Leverage Factor: 1.11111 Index Return: (Ending Index Level – Index Strike Level) Index Strike Level Index Strike Level: The closing level of the Index on the Strike Date. The Index Strike Level is not determined by reference to the closing level of the Index on the Pricing Date. Ending Index Level: The closing level of the Index on the Valuation Date Strike Date: March 23, 2026 Pricing Date: On or about March 24, 2026 Original Issue Date (Settlement Date): On or about March 27, 2026 Valuation Date*: April 5, 2027 Maturity Date*: April 8, 2027 CUSIP: 46660RHB3 * 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-5 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

View Full Filing

View this 424B2 filing on SEC EDGAR