JPMorgan Chase Financial Co. LLC Files 424B2 Prospectus

TL;DR

**JPM Financial filed a prospectus, new securities coming, watch for details on dilution or debt.**

AI Summary

JPMorgan Chase Financial Co. LLC filed a 424B2 prospectus on March 24, 2026, which is a final prospectus for a securities offering. This filing, under Act 33 and File No. 333-270004-01, indicates that the company is likely issuing new securities to raise capital. For investors, this means potential dilution of existing shares if the offering is equity-based, or increased debt obligations if it's a debt offering, which could impact future earnings and stock valuation.

Why It Matters

This filing signals a new securities offering, which could impact the company's capital structure, potentially diluting existing shareholders or increasing debt.

Risk Assessment

Risk Level: medium — The risk is medium because a new securities offering can either be beneficial for growth or detrimental through dilution or increased leverage, depending on the terms.

Analyst Insight

Investors should monitor subsequent filings or press releases from JPMorgan Chase Financial Co. LLC to understand the specific terms of the securities offering (e.g., debt vs. equity, amount, interest rates/dividends) to assess potential impact on their investment.

Key Numbers

• 424B2 — Form Type (Indicates a final prospectus for a securities offering.)
• 0001665650 — CIK (Central Index Key for JPMorgan Chase Financial Co. LLC.)
• 2026-03-24 — Filing Date (The date the prospectus was filed and accepted by the SEC.)
• 333-270004-01 — File No. (The registration statement number under which the securities are being offered.)

Key Players & Entities

• JPMorgan Chase Financial Co. LLC (company) — the filer of the 424B2 prospectus
• JPMORGAN CHASE & CO (company) — the parent company, also listed as a filer
• March 24, 2026 (date) — the filing and acceptance date of the 424B2
• 333-270004-01 (dollar_amount) — the File No. for JPMorgan Chase Financial Co. LLC's filing

Forward-Looking Statements

• JPMorgan Chase Financial Co. LLC will issue new securities based on this 424B2 filing. (JPMorgan Chase Financial Co. LLC) — high confidence, target: 2026-03-24

FAQ

Key Financial Figures

• $3,120,000 — Company LLC Structured Investments $3,120,000 Digital Barrier Notes Linked to the Le
• $1,000 — ribed below. Minimum denominations of $1,000 and integral multiples thereof The no
• $3.5481 — roceeds to Issuer Per note $1,000 $3.5481 $996.4519 Total $3,120,000 $11,
• $996.4519 — Issuer Per note $1,000 $3.5481 $996.4519 Total $3,120,000 $11,070 $3,108
• $11,070 — 5481 $996.4519 Total $3,120,000 $11,070 $3,108,930 (1) See "Supplemental Us
• $3,108,930 — 6.4519 Total $3,120,000 $11,070 $3,108,930 (1) See "Supplemental Use of Proceeds
• $5.00 — commissions will vary and will be up to $5.00 per $1,000 principal amount note. See
• $985.50 — en the terms of the notes were set, was $985.50 per $1,000 principal amount note. See
• $1,095.00 — at Maturity 180.00 80.00% 9.50% $1,095.00 165.00 65.00% 9.50% $1,095.00
• $699.90 — $1,095.00 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
• $200.00 — $300.00 20.00 -80.00% -80.00% $200.00 10.00 -90.00% -90.00% $100.00

Filing Documents

• ea0283262-01_424b2.htm (424B2) — 460KB
• ea028326201_ex-filingfees.htm (EX-FILING FEES) — 4KB
• bg1.jpg (GRAPHIC) — 288KB
• bg2.jpg (GRAPHIC) — 268KB
• bg3.jpg (GRAPHIC) — 448KB
• bg4.jpg (GRAPHIC) — 375KB
• bg5.jpg (GRAPHIC) — 37KB
• bg6.jpg (GRAPHIC) — 158KB
• bg7.jpg (GRAPHIC) — 536KB
• bg8.jpg (GRAPHIC) — 151KB
• bg9.jpg (GRAPHIC) — 246KB
• bga.jpg (GRAPHIC) — 265KB
• 0001213900-26-033483.txt ( ) — 2071KB
• ea028326201_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 $3,120,000 Digital Barrier Notes Linked to the Lesser Performing of the Russell 2000 Index and the S&P 500 Index due April 1, 2027 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek a fixed return of 9.50% at maturity if the Final Value of the lesser performing of the Russell 2000 Index and the S&P 500 Index, which we refer to as the Indices, is greater than or equal to 70.00% of its Initial Value, which we refer to as a Barrier Amount. Investors should be willing to forgo interest and dividend payments and 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. 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: 46660RAT1 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 p age PS-33 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 $3.5481 $996.4519 Total $3,120,000 $11,070 $3,108,930 (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. These selling commissions will vary and will be up to $5.00 per $1,000 principal amount note. 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 $985.50 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 Digital Barrier Notes Linked to the Lesser Performing of 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 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: 9.50% Barrier Amount: With respect to each Index, 70.00% of its Initial Value, which is 1,706.9157 for the Russell 2000 Index and 4,554.536 for the S&P 500 Index Pricing Date: March 20, 2026 Original Issue Date (Settlement Date): On or about March 25, 2026 Observation Date*: March 29, 2027 Maturity Date*: April 1, 2027 * 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 or equal to its Barrier Amount, your payment at maturity per $1,000 principal amount note will be cal

View Full Filing

View this 424B2 filing on SEC EDGAR