JPMorgan Chase Financial Files 424B2 Prospectus for New Securities

TL;DR

**JPM Chase Financial is issuing new securities, likely to raise capital for JPM.**

AI Summary

JPMorgan Chase Financial Co. LLC, a subsidiary of JPMorgan Chase & Co., filed a 424B2 prospectus on March 24, 2026, under File No. 333-270004-01. This filing is a pricing supplement, indicating the company is offering new securities. For investors, this means JPMorgan Chase is raising capital, which could be used for various corporate purposes, potentially impacting future growth or financial stability.

Why It Matters

This filing signals JPMorgan Chase Financial Co. LLC is issuing new securities to raise capital, which could dilute existing shares or fund strategic initiatives for its parent company, JPMorgan Chase & Co.

Risk Assessment

Risk Level: medium — The filing itself is routine for offering securities, but the specifics of the offering (not detailed here) could introduce market or financial risks.

Analyst Insight

Investors should monitor subsequent filings or news from JPMorgan Chase & Co. for details on the specific terms of these new securities and how the raised capital will be utilized, as this could impact the parent company's financial health and stock performance.

Key Numbers

• 2026-03-24 — Filing Date (Date the 424B2 prospectus was filed by JPMorgan Chase Financial Co. LLC)
• 333-270004-01 — File Number (Registration statement file number for JPMorgan Chase Financial Co. LLC)
• 0001665650 — CIK (Central Index Key for JPMorgan Chase Financial Co. LLC)
• 179515 — Size (bytes) (Size of the PRICING SUPPLEMENT document (jpm88_424b2-10811.htm))

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
• 333-270004-01 (dollar_amount) — File number for JPMorgan Chase Financial Co. LLC's registration statement
• 2026-03-24 (dollar_amount) — Filing date of the 424B2 prospectus

Forward-Looking Statements

• JPMorgan Chase Financial Co. LLC will successfully issue new securities. (JPMorgan Chase Financial Co. LLC) — high confidence, target: 2026-03-31
• The capital raised will be used to support the operations or strategic initiatives of JPMORGAN CHASE & CO. (JPMORGAN CHASE & CO) — medium confidence, target: 2026-12-31

FAQ

Key Financial Figures

• $1,250,000 — Company LLC Structured Investments $1,250,000 Digital Contingent Buffered Notes Lin
• $10,000 — f the notes. Minimum denominations of $10,000 and integral multiples of $1,000 in exc
• $1,000 — ns of $10,000 and integral multiples of $1,000 in excess thereof Key Terms Issuer:
• $1,097.00 — ity per $1,000 principal amount note is $1,097.00. Contingent Buffer Amount: 20.00%
• $1,000.00 — s (2) Proceeds to Issuer Per note $1,000.00 $10.00 $990.00 Total $1,250,000
• $10.00 — eeds to Issuer Per note $1,000.00 $10.00 $990.00 Total $1,250,000.00 $12
• $990.00 — ssuer Per note $1,000.00 $10.00 $990.00 Total $1,250,000.00 $12,500.00
• $1,250,000.00 — $1,000.00 $10.00 $990.00 Total $1,250,000.00 $12,500.00 $1,237,500.00 (1) See
• $12,500.00 — .00 $990.00 Total $1,250,000.00 $12,500.00 $1,237,500.00 (1) See "Supplemental
• $1,237,500.00 — Total $1,250,000.00 $12,500.00 $1,237,500.00 (1) See "Supplemental Use of Proceeds
• $986.80 — en the terms of the notes were set, was $986.80 per $1,000 principal amount note. See "
• $500.00 — estor receives a payment at maturity of $500.00 per $1,000 principal amount note, calcu

Filing Documents

• jpm88_424b2-10811.htm (424B2) — 175KB
• ex-filingfees.htm (EX-FILING FEES) — 8KB
• image1.gif (GRAPHIC) — 262KB
• image3.jpg (GRAPHIC) — 149KB
• 0001839882-26-016796.txt ( ) — 845KB
• ex-filingfees_htm.xml (XML) — 2KB

From the Filing

SUPPLEMENT Pricing supplement To prospectus dated April 13, 2023, prospectus supplement dated April 13, 2023, product supplement no. 4-I dated April 13, 2023, underlying supplement no. 1-I dated April 13, 2023 and prospectus addendum dated June 3, 2024 Registration Statement Nos. 333-270004 and 333-270004-01 Dated March 20, 2026 Rule 424(b)(2) JPMorgan Chase Financial Company LLC Structured Investments $1,250,000 Digital Contingent Buffered Notes Linked to the S&P 500 Index due April 6, 2027 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. General The notes are designed for investors who seek a fixed return of 9.70% if the Ending Index Level of the S&P 500 Index is greater than or equal to the Index Strike Level or is less than the Index Strike Level by up to 20.00%. Investors should be willing to forgo interest and dividend payments and, if the Ending Index Level is less than the Index Strike Level by more than 20.00%, 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. Minimum denominations of $10,000 and integral multiples of $1,000 in excess thereof 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 Index (Bloomberg ticker: SPX) Payment at Maturity: If the Ending Index Level is greater than or equal to the Index Strike Level or is less than the Index Strike Level by up to the Contingent Buffer Amount, at maturity you will receive a cash payment that provides you with a return per $1,000 principal amount note equal to the Contingent Digital Return. Accordingly, under these circumstances, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + ($1,000 Contingent Digital Return) If the Ending Index Level is less than the Index Strike Level by more than the Contingent Buffer Amount, at maturity you will lose 1% of the principal amount of your notes for every 1% that the Ending Index Level is less than the Index Strike Level. Under these circumstances, your payment at maturity per $1,000 principal amount note will be calculated as follows: $1,000 + ($1,000 Index Return) If the Ending Index Level is less than the Index Strike Level by more than the Contingent Buffer Amount of 20.00%, you will lose more than 20.00% of your principal amount at maturity and may lose all of your principal amount at maturity. Contingent Digital Return: 9.70%, which reflects the maximum return on the notes. Accordingly, the maximum payment at maturity per $1,000 principal amount note is $1,097.00. Contingent Buffer Amount: 20.00% Index Return: (Ending Index Level – Index Strike Level) Index Strike Level Index Strike Level: 6,606.49, the closing level of the Index on the Strike Date. The Index Strike Level is not determined by reference to the closing level of the Index on the Pricing Date. Ending Index Level: The closing level of the Index on the Valuation Date Strike Date: March 19, 2026 Pricing Date: March 20, 2026 Original Issue Date (Settlement Date): On or about March 25, 2026 Valuation Date*: April 1, 2027 Maturity Date*: April 6, 2027 CUSIP: 46660RFJ8 * 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 $1,000.00 $10.00 $990.00 Total $1,250,000.00 $12,500.00 $1,237,500.00 (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 D

View Full Filing

View this 424B2 filing on SEC EDGAR