JPMorgan Financial Files 424B2 Prospectus on 3/24/26

TL;DR

**JPM Financial just filed a prospectus, likely gearing up to issue more securities.**

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 offering or intends to offer securities, likely debt or equity, under previously established terms. For investors, this means JPMorgan Chase Financial Co. LLC is actively managing its capital structure, potentially raising funds for general corporate purposes, which could impact future earnings or dividend policies depending on the use of proceeds.

Why It Matters

This filing signals JPMorgan Chase Financial Co. LLC's intent to issue new securities, which could affect the company's debt levels, equity dilution, or available capital for investments.

Risk Assessment

Risk Level: medium — The filing itself is procedural, but the underlying offering of securities could introduce market risk, interest rate risk, or dilution risk depending on the specific terms, which are not detailed here.

Analyst Insight

Investors should monitor subsequent filings or press releases from JPMorgan Chase Financial Co. LLC for specific terms of the securities offering, such as interest rates, maturity dates, or share counts, to assess potential impacts on the company's financial health and their investment.

Key Numbers

• 0001665650 — CIK of JPMorgan Chase Financial Co. LLC (Unique identifier for the filing entity)
• 0000019617 — CIK of JPMorgan Chase & Co. (Unique identifier for the parent company)
• 2026-03-24 — Filing Date (Date the 424B2 was filed with the SEC)
• 333-270004-01 — File No. for JPMorgan Chase Financial Co. LLC (The registration statement under which the securities are being offered)

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 (dollar_amount) — File number for the shelf registration statement

Forward-Looking Statements

• JPMorgan Chase Financial Co. LLC will issue new debt or equity securities. (JPMorgan Chase Financial Co. LLC) — high confidence, target: 2026-03-31

FAQ

Key Financial Figures

• $1,000 — f the notes. Minimum denominations of $1,000 and integral multiples thereof The no
• $733,000 — note $1,000 $ 16 $ 984 Total $733,000 $11,728 $721,272 (1) See " Supple
• $11,728 — 000 $ 16 $ 984 Total $733,000 $11,728 $721,272 (1) See " Supplemental Use
• $721,272 — $ 984 Total $733,000 $11,728 $721,272 (1) See " Supplemental Use of Proceed
• $16.00 — pay all of the selling commissions of $16.00 per $1,000 principal amount note it rec
• $967.70 — en the terms of the notes were set, was $967.70 per $1,000 principal amount note. See
• $1 — ew Date Call Premium Amount First $1 00.00 Second $2 00.00 The notes w
• $2 — um Amount First $1 00.00 Second $2 00.00 The notes will be automatically
• $1,300.00 — $1, 450.00 120.00 20.00% 30.00% $1,300.00 110.00 10.00% 30.00% $1,300.00
• $1,000.00 — $ 1, 300.00 99.99 -0.01% 0.00% $1,000.00 95.00 -5.00% 0.00% $1,000.00
• $699.90 — $1,000.00 69.99 -30.01% -30.01% $699.90 60 .00 -40.00% -40.00% $600.00
• $600.00 — $699.90 60 .00 -40.00% -40.00% $600.00 50.00 -50.00% -50.00% $500.00
• $500.00 — $600.00 50.00 -50.00% -50.00% $500.00 40.00 -60.00% -60.00% $400.00
• $400.00 — $500.00 40.00 -60.00% -60.00% $400.00 30.00 -70.00% -70.00% $300.00
• $300.00 — $400.00 30.00 -70.00% -70.00% $300.00 20.00 -80.00% -80.00% $200.00

Filing Documents

• ea0283104-01_424b2.htm (424B2) — 747KB
• ea028310401_ex-filingfees.htm (EX-FILING FEES) — 4KB
• bg1.jpg (GRAPHIC) — 248KB
• bg2.jpg (GRAPHIC) — 260KB
• bg3.jpg (GRAPHIC) — 383KB
• bg4.jpg (GRAPHIC) — 328KB
• bg5.jpg (GRAPHIC) — 260KB
• bg6.jpg (GRAPHIC) — 260KB
• bg7.jpg (GRAPHIC) — 43KB
• bg8.jpg (GRAPHIC) — 43KB
• bg9.jpg (GRAPHIC) — 462KB
• bga.jpg (GRAPHIC) — 225KB
• bgb.jpg (GRAPHIC) — 249KB
• bgc.jpg (GRAPHIC) — 251KB
• 0001213900-26-033423.txt ( ) — 2388KB
• ea028310401_ex-filingfees_htm.xml (XML) — 2KB

From the Filing

SUPPLEMENT March 20, 202 6 Registration Statement Nos. 333 -2 70004 and 333-2 70004 -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 $ 733,000 Auto Callable Digital Accelerated Barrier Notes Linked to the S&P 500 Index due March 22 , 20 29 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek early exit prior to maturity at a premium if, on any Review Date (other than the final Review Date), the closing level of the S&P 500 Index, which we refer to as the Index, is at or above the Call Value. The earliest date on which an automatic call may be initiated is March 25 , 2027. The notes are also designed for investors who seek an uncapped return of 1.50 times any appreciation of the Index at maturity, subject to a contingent minimum return of 30.00%, which we refer to as the Contingent Digital Return, if the Final Value is greater than or equal to the Strike Value and the notes have not been automatically called. Investors should be willing to forgo interest and dividend payments and be willing to accept the risk of losing a significant portion 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 $1,000 and integral multiples thereof The notes priced on March 20, 2026 (the "Pricing Date") and are expected to settle on or about March 25, 2026. The Strike Value has been determined by reference to the closing level of the Index on March 19, 2026 and not by reference to the closing level of the Index on the Pricing Date . CUSIP: 46660RFT6 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 $ 16 $ 984 Total $733,000 $11,728 $721,272 (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 $16.00 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 $967.70 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. PS-1 | Structured Investments Auto Callable Digital Accelerated Barrier Notes Linked to 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. Ind ex : The S&P 500 Index (Bloomberg ticker: SPX ) Call Premium Amount: The Call Premium Amount with respect to each Review Date is set forth below: first Review Date: 10.00% $1,000 second Review Date: 20.00% $1,000 Call Value: 100.00% of the Strike Value Upside Leverage Factor: 1.50 Contingent Digital Return: 30.00% Barrier Amount: 70.00% of the Strike Value, which is 4,624.543 Strike Date: March 19, 2026 Pricing Date: March 20, 2026 Original Issue Date (Settlement Date): On or about March 25 , 202 6 Review Dates *: March 25 , 2027, March 20, 2028 and March 19, 2029 (final Review Date) Call Settlement Dates *: March 31 , 2027 and March 23

View Full Filing

View this 424B2 filing on SEC EDGAR