JPMorgan Chase Financial Co. LLC Files 424B2 Prospectus

TL;DR

**JPMorgan Chase Financial Co. LLC is issuing new securities, watch for details on terms and use of proceeds.**

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 new securities under previously established terms. For investors, this means JPMorgan Chase Financial Co. LLC is actively raising capital, which could be used for general corporate purposes, potentially impacting the company's financial leverage and future growth prospects.

Why It Matters

This filing signals that JPMorgan Chase Financial Co. LLC is issuing new securities, which could dilute existing shareholders or increase the company's debt obligations, impacting its financial health and future earnings.

Risk Assessment

Risk Level: medium — The filing itself is procedural, but the underlying offering of securities carries medium risk due to potential dilution or increased debt for the parent company, JPMorgan Chase & Co.

Analyst Insight

Investors should review the full 'PRICING SUPPLEMENT' document (ea0283228-01_424b2.htm) to understand the specific terms, pricing, and potential impact of the newly offered securities on JPMorgan Chase & Co.'s financial structure and their investment.

Key Numbers

• 333-270004-01 — File Number for JPMorgan Chase Financial Co. LLC (Identifies the specific registration statement under which the securities are being offered.)
• 333-270004 — File Number for JPMORGAN CHASE & CO (Identifies the specific registration statement for the parent company.)
• 2026-03-24 — Filing Date (The date the 424B2 prospectus was filed with the SEC.)
• 524212 — Size of PRICING SUPPLEMENT document (Indicates the length of the primary document detailing the offering terms.)

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
• 2026-03-24 (date) — Filing date of the 424B2

Forward-Looking Statements

• JPMorgan Chase Financial Co. LLC will successfully raise capital through this offering. (JPMorgan Chase Financial Co. LLC) — high confidence, target: 2026-06-30
• The terms of the securities offered will be competitive with current market rates. (JPMorgan Chase Financial Co. LLC) — medium confidence, target: 2026-03-24

FAQ

Key Financial Figures

• $500,000 — Company LLC Structured Investments $500,000 Uncapped Dual Directional Buffered Ret
• $1,000 — ribed below. Minimum denominations of $1,000 and integral multiples thereof The no
• $4.50 — roceeds to Issuer Per note $1,000 $4.50 $995.50 Total $500,000 $2,250
• $995.50 — to Issuer Per note $1,000 $4.50 $995.50 Total $500,000 $2,250 $497,750
• $2,250 — $4.50 $995.50 Total $500,000 $2,250 $497,750 (1) See "Supplemental Use
• $497,750 — $995.50 Total $500,000 $2,250 $497,750 (1) See "Supplemental Use of Proceeds
• $976.10 — en the terms of the notes were set, was $976.10 per $1,000 principal amount note. See
• $1,200.00 — , your maximum payment at maturity is $1,200.00 per $1,000 principal amount note. I
• $1,872.00 — rity 180.00 80.00% N/A 87.20% $1,872.00 165.00 65.00% N/A 70.85% $1,7
• $1,708.50 — 2.00 165.00 65.00% N/A 70.85% $1,708.50 150.00 50.00% N/A 54.50% $1,5
• $1,545.00 — 8.50 150.00 50.00% N/A 54.50% $1,545.00 140.00 40.00% N/A 43.60% $1,4
• $1,436.00 — 5.00 140.00 40.00% N/A 43.60% $1,436.00 130.00 30.00% N/A 32.70% $1,3
• $1,327.00 — 6.00 130.00 30.00% N/A 32.70% $1,327.00 120.00 20.00% N/A 21.80% $1,2
• $1,218.00 — 7.00 120.00 20.00% N/A 21.80% $1,218.00 110.00 10.00% N/A 10.90% $1,1
• $1,109.00 — 8.00 110.00 10.00% N/A 10.90% $1,109.00 105.00 5.00% N/A 5.45% $1,054

Filing Documents

• ea0283228-01_424b2.htm (424B2) — 512KB
• ea028322801_ex-filingfees.htm (EX-FILING FEES) — 4KB
• bg1.jpg (GRAPHIC) — 291KB
• bg2.jpg (GRAPHIC) — 264KB
• bg3.jpg (GRAPHIC) — 421KB
• bg4.jpg (GRAPHIC) — 355KB
• bg5.jpg (GRAPHIC) — 263KB
• bg6.jpg (GRAPHIC) — 105KB
• bg7.jpg (GRAPHIC) — 495KB
• bg8.jpg (GRAPHIC) — 423KB
• bg9.jpg (GRAPHIC) — 282KB
• bga.jpg (GRAPHIC) — 270KB
• 0001213900-26-033425.txt ( ) — 2368KB
• ea028322801_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 Dual Directional Buffered Return Enhanced Notes Linked to the Least Performing of the Nasdaq- 100 Index , the Russell 2000 Index and the S&P 500 Index due March 23, 2028 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek an uncapped return of 1.09 times any appreciation, or a capped, unleveraged return equal to the absolute value of any depreciation (up to the Buffer Amount of 20.00%), of the least performing of the Nasdaq-100 Index , the Russell 2000 Index and the S&P 500 Index, which we refer to as the Indices, 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. Payments on the notes are not linked to a basket composed of the Indices. Payments on the notes are linked to the performance of each of the Indices individually, as described below. 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: 46660RA20 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 $4.50 $995.50 Total $500,000 $2,250 $497,750 (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 $4.50 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 $976.10 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 agenc y and are not obligations of, or guaranteed by, a bank. PS -1| Structured Investments Uncapped Dual Directional Buffered Return Enhanced Notes Linked to the Least Performing of the Nasdaq -100 Index , the Russell 2000 Index and 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. Indices: The Nasdaq-100 Index (Bloomberg ticker: NDX), the Russell 2000 Index (Bloomberg ticker: RTY) and the S&P 500 Index (Bloomberg ticker: SPX) (each an "Index" and collectively, the "Indices") Upside Leverage Factor: 1.09 Buffer Amount: 20.00% Pricing Date: March 20, 2026 Original Issue Date (Settlement Date): On or about March 25, 2026 Observation Date*: March 20, 2028 Maturity Date*: March 23, 2028 * 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 Multiple Underlyings" and "General Terms of Notes — Postponement of a Payment Date" in the accompanying product supplement Payment at Maturity: If the Final Value of each Index is greater than its Initial Value, your payment at maturity per $1,000 principal amount note will be

View Full Filing

View this 424B2 filing on SEC EDGAR