JPMorgan Chase Financial Co. LLC Files 424B2 Prospectus

TL;DR

**JPM Financial just filed a 424B2, likely prepping a new securities offering.**

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 operations, investments, or refinancing, which could impact future earnings or dividend policies.

Why It Matters

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

Risk Assessment

Risk Level: medium — The filing itself is routine for a financial institution, but the underlying offering could introduce market risk depending on the terms and size of the securities being issued.

Analyst Insight

Investors should monitor subsequent filings from JPMorgan Chase Financial Co. LLC for the specific terms (e.g., interest rates, maturity dates, share counts) of the securities being offered, as these details will determine the impact on the company's financials and existing shareholders.

Key Numbers

• 0001665650 — CIK for JPMorgan Chase Financial Co. LLC (Unique identifier for the filing entity)
• 0000019617 — CIK for 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 (Identifies the specific registration statement this prospectus supplements)

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 announce the specific terms of a new securities offering. (JPMorgan Chase Financial Co. LLC) — high confidence, target: Within 30 days of March 24, 2026

FAQ

Key Financial Figures

• $1,121,000 — Company LLC Structured Investments $1,121,000 Uncapped Buffered Return Enhanced Note
• $1,000 — f the notes. Minimum denominations of $1,000 and integral multiples thereof The no
• $10 — roceeds to Issuer Per note $1,000 $10 $990 Total $1,121,000 $11,210
• $990 — ds to Issuer Per note $1,000 $10 $990 Total $1,121,000 $11,210 $1,109
• $11,210 — ,000 $10 $990 Total $1,121,000 $11,210 $1,109,790 (1) See "Supplemental Us
• $1,109,790 — $990 Total $1,121,000 $11,210 $1,109,790 (1) See "Supplemental Use of Proceeds
• $10.00 — pay all of the selling commissions of $10.00 per $1,000 principal amount note it rec
• $974.60 — en the terms of the notes were set, was $974.60 per $1,000 principal amount note. See
• $2,417.200 — aturity 180.00 80.00% 141.7200% $2,417.200 170.00 70.00% 124.0050% $2,240.
• $2,240.050 — 417.200 170.00 70.00% 124.0050% $2,240.050 160.00 60.00% 106.2900% $2,062.
• $2,062.900 — 240.050 160.00 60.00% 106.2900% $2,062.900 150.00 50.00% 88.5750% $1,885.7
• $1,885.750 — ,062.900 150.00 50.00% 88.5750% $1,885.750 140.00 40.00% 70.8600% $1,708.6
• $1,708.600 — ,885.750 140.00 40.00% 70.8600% $1,708.600 130.00 30.00% 53.1450% $1,531.4
• $1,531.450 — ,708.600 130.00 30.00% 53.1450% $1,531.450 120.00 20.00% 35.4300% $1,354.3
• $1,354.300 — ,531.450 120.00 20.00% 35.4300% $1,354.300 110.00 10.00% 17.7150% $1,177.1

Filing Documents

• ea0283260-01_424b2.htm (424B2) — 617KB
• ea028326001_ex-filingfees.htm (EX-FILING FEES) — 4KB
• bg1.jpg (GRAPHIC) — 245KB
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• bgd.jpg (GRAPHIC) — 37KB
• bge.jpg (GRAPHIC) — 37KB
• 0001213900-26-033546.txt ( ) — 2279KB
• ea028326001_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 $1,121,000 Uncapped Buffered Return Enhanced Notes Linked to the S&P 500 Futures Excess Return Index due March 25, 2031 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek an uncapped return of 1.7715 times any appreciation of the S&P 500 Futures Excess Return Index, at maturity. Investors should be willing to forgo interest 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. 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: 46660R5N0 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 $10 $990 Total $1,121,000 $11,210 $1,109,790 (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 $10.00 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 $974.60 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 Buffered Return Enhanced Notes Linked to the S&P 500 Futures Excess Return Index 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 Futures Excess Return Index (Bloomberg ticker: SPXFP) Upside Leverage Factor: 1.7715 Buffer Amount: 20.00% Pricing Date: March 20, 2026 Original Issue Date (Settlement Date): On or about March 25, 2026 Observation Date*: March 20, 2031 Maturity Date*: March 25, 2031 * 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 a Single Underlying — Notes Linked to a Single Underlying (Other Than a Commodity In dex)" and "General Terms of Notes — Postponement of a Payment Date" in the accompanying product supplement Payment at Maturity: If the Final Value is greater than the Initial Value, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + ($1,000 Index Return Upside Leverage Factor) If the Final Value is equal to the Initial Value or is less than the Initial Value by up to the Buffer Amount, you will receive the principal amount of your notes at maturity. If the Final Value is less than the Initial Value by more than the Buffer Amount, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + [$1,000 (Index Return + Buffer Amount)] If the Final Value is less than the Initial Value by more than the Buffer Amount, you will lose some or most of your prin

View Full Filing

View this 424B2 filing on SEC EDGAR