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 impact on JPM.**

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, likely debt or equity, under previously established terms. For investors, this means JPMorgan Chase Financial Co. LLC is actively raising capital, which could impact the company's financial leverage and future earnings, potentially affecting the value of JPMorgan Chase & Co. stock.

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 the parent company, JPMorgan Chase & Co.'s, financial health.

Risk Assessment

Risk Level: medium — The risk level is medium because while the filing itself is procedural, the underlying offering of securities could introduce new financial risks or opportunities depending on the terms.

Analyst Insight

Investors should monitor subsequent filings or press releases from JPMorgan Chase Financial Co. LLC or JPMorgan Chase & Co. for specific details on the terms of the securities being offered, such as interest rates, maturity dates, or share counts, to assess the potential impact on 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.)

Key Players & Entities

• JPMorgan Chase Financial Co. LLC (company) — Filer of the 424B2 prospectus
• JPMorgan Chase & Co. (company) — Parent company of the filer
• 0001665650 (company) — CIK for JPMorgan Chase Financial Co. LLC
• 0000019617 (company) — CIK for JPMorgan Chase & Co.
• 2026-03-24 (date) — Filing Date

FAQ

Key Financial Figures

• $1,000 — ribed below. Minimum denominations of $1,000 and integral multiples thereof The no
• $6.50 — t will these selling commissions exceed $6.50 per $1,000 principal amount note. See
• $984.60 — lue of the notes would be approximately $984.60 per $1,000 principal amount note. The
• $950.00 — supplement and will not be less than $950.00 per $1,000 principal amount note. See "
• $1,110.00 — t Maturity 180.00 80.00% 11.00% $1,110.00 165.00 65.00% 11.00% $1,110.00
• $900.00 — $1,110.00 60.00 -40.00% -10.00% $900.00 50.00 -50.00% -20.00% $800.00
• $800.00 — $900.00 50.00 -50.00% -20.00% $800.00 40.00 -60.00% -30.00% $700.00
• $700.00 — $800.00 40.00 -60.00% -30.00% $700.00 30.00 -70.00% -40.00% $600.00
• $600.00 — $700.00 30.00 -70.00% -40.00% $600.00 20.00 -80.00% -50.00% $500.00
• $500.00 — $600.00 20.00 -80.00% -50.00% $500.00 10.00 -90.00% -60.00% $400.00
• $400.00 — $500.00 10.00 -90.00% -60.00% $400.00 0.00 -100.00% -70.00% $300.00
• $300.00 — $400.00 0.00 -100.00% -70.00% $300.00 PS -3| Structured Investments Buffe

Filing Documents

• ea0283233-01_424b2.htm (424B2) — 633KB
• bg1.jpg (GRAPHIC) — 268KB
• bg2.jpg (GRAPHIC) — 269KB
• bg3.jpg (GRAPHIC) — 429KB
• bg4.jpg (GRAPHIC) — 375KB
• bg5.jpg (GRAPHIC) — 37KB
• bg6.jpg (GRAPHIC) — 145KB
• bg7.jpg (GRAPHIC) — 520KB
• bg8.jpg (GRAPHIC) — 416KB
• bg9.jpg (GRAPHIC) — 287KB
• bga.jpg (GRAPHIC) — 268KB
• 0001213900-26-033444.txt ( ) — 2359KB

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. March , 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 Buffered Digital Notes Linked to the Least Performing of the Nasdaq-100 Index , the Russell 2000 Index and the S&P 500 Index due October 5, 2027 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek a fixed return of at least 11.00% at maturity if the Final Value 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, is greater than or equal to its Initial Value or is less than its Initial Value by up to 30.00%. Investors should be willing to forgo interest and dividend payments and be willing to lose up to 70.00% 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 are expected to price on or about March 31, 2026 and are expected to settle on or about April 6, 2026. CUSIP: 46660RHK3 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 -3 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 $ $ Total $ $ $ (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 it receives from us to other affiliated or unaffiliated dealers. In no event will these selling commissions exceed $6.50 per $1,000 principal amount note. See "Plan of Distribution (Conflicts of Interest)" in the accompanying product supplement. If the notes priced today, the estimated value of the notes would be approximately $984.60 per $1,000 principal amount note. The estimated value of the notes, when the terms of the notes are set, will be provided in the pricing supplement and will not be less than $950.00 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 Buffered Digital 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") Contingent Digital Return: At least 11.00% (to be provided in the pricing supplement) Buffer Amount: 30.00% Pricing Date: On or about March 31, 2026 Original Issue Date (Settlement Date): On or about April 6, 2026 Observation Date*: September 30, 2027 Maturity Date*: October

View Full Filing

View this 424B2 filing on SEC EDGAR