JPMorgan Chase Financial Company LLC is offering $295,000 of auto callable contingent interest notes linked to Alphabet Inc. Class A common stock, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of 12.15% per annum (3.0375% quarterly) only if Alphabet’s share price on a Review Date is at or above 70% of the Initial Value, the Interest Barrier.
The notes can be automatically called on any Review Date from August 3, 2026 (other than the first and final dates) if Alphabet’s share price is at or above the Initial Value, returning $1,000 per note plus the applicable interest, with no further payments. If not called and, at maturity on February 7, 2029, Alphabet’s price is below the 70% Trigger Value, investors lose 1% of principal for each 1% Alphabet has fallen, potentially losing the entire investment.
The minimum denomination is $1,000, and the estimated value at pricing was $957.50 per $1,000 note, below the $1,000 price to the public. The notes are unsecured, unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and will not be listed on any exchange.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the ordinary shares of Norwegian Cruise Line Holdings Ltd. These unsecured notes expose investors to both JPMorgan credit risk and NCLH share performance.
The notes pay a quarterly contingent interest rate of at least 15.00% per annum (at least $37.50 per $1,000) only when NCLH’s closing price on a Review Date is at or above the Interest Barrier of $17.19, equal to 75.00% of the Strike Value of $22.92. Missed coupons can be paid later if conditions are met.
The notes are automatically called if NCLH closes at or above the Strike Value on a non-final Review Date, returning $1,000 plus due and unpaid contingent interest. If held to maturity and the final stock price is below the Trigger Value of $11.46 (50.00% of Strike), principal is reduced one-for-one with the stock loss, and investors can lose most or all of their investment. The preliminary estimated value is approximately $940.00 per $1,000, reflecting embedded fees and hedging costs, and no exchange listing or principal protection is provided.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked individually to the S&P 500, EURO STOXX 50 and Russell 2000, fully guaranteed by JPMorgan Chase & Co., and expected to mature on August 9, 2027.
The notes may pay a contingent interest of at least 9.80% per annum, or at least $49 per $1,000 semiannually, but only if each index closes at or above 70% of its initial level on the relevant review date. The notes are automatically called, returning principal plus due interest, if on any non-final review date each index is at or above its initial value, starting as early as August 4, 2026.
If not called and any index finishes below 70% of its initial level at maturity, repayment is reduced in line with the worst-performing index, and investors can lose much or all of their principal. The notes are unsecured, not FDIC insured, not exchange-listed, and an initial estimated value example is $968.90 per $1,000, reflecting embedded fees and hedging costs.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Buffered Return Enhanced Notes linked to an equally weighted basket of the Nasdaq-100 Index and the S&P 500 Index, maturing on September 1, 2027.
The notes provide 2x leveraged upside on any basket gains, capped at a maximum return of at least 17.25%, with a 10% downside buffer. If the basket falls more than 10%, investors lose 1% of principal for each additional 1% decline, up to a 90% loss at maturity.
The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial Company LLC, and carry the credit risk of both the issuer and guarantor. An example estimated value is $987.90 per $1,000 note, and the final estimated value will not be less than $900 per $1,000 note.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering 5-year auto callable notes linked to the J.P. Morgan Multi-Asset Index (ticker MAX). The Index uses a momentum strategy across up to 10 futures-based indices, spanning equities, fixed income and commodities, with an initial volatility threshold of 4.0% and a 1.00% per annum daily deduction.
The notes have a $1,000 minimum denomination, a 100% participation rate, and annual review dates. If on any non-final review date the Index level is at or above the applicable Call Value, the notes are automatically called and pay $1,000 plus a Call Premium that will not be less than 8.75% per annum. If not called and held to maturity, holders receive full principal repayment and, if the Index is above its initial level, an additional return equal to the Index gain times the participation rate, all subject to the credit risk of the issuer and guarantor. The estimated value at pricing will not be less than $900 per $1,000 note.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable notes linked to the J.P. Morgan Multi-Asset Index, maturing on March 4, 2031. The notes have $1,000 minimum denominations and provide full principal repayment at maturity if not called, subject to issuer and guarantor credit risk.
The notes may be automatically called on specified Review Dates starting in 2027 if the Index closes at or above preset Call Values, paying $1,000 plus a fixed Call Premium Amount. If not called and the Index finishes above its initial level, investors receive uncapped upside based on 100% participation in the Index Return; otherwise they receive only principal. The pricing supplement notes an indicative estimated value of about $960.80 per $1,000, reflecting embedded costs, and highlights significant risks including lack of interest, liquidity constraints, index strategy risk, and the issuer’s right to alter payments if a commodity hedging disruption event occurs.
JPMorgan Chase Financial Company LLC is offering Uncapped Accelerated Barrier Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes aim to pay at maturity at least 1.04 times any positive S&P 500® return, with no upside cap.
If the index finishes at or above 75% of its initial level, investors receive at least their $1,000 principal per note; below that 75% barrier, losses match the index decline and can reach 100% of principal. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, and will not be listed. An illustrative estimated value is $976 per $1,000 note, with a minimum estimated value at pricing of $900.
JPMorgan Chase Financial Company LLC is offering medium-term Digital Equity Notes due April 7, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount, pays no interest and is linked to the S&P 500® Index.
At maturity, if the S&P 500 final level is at least 90% of its initial level, investors receive a fixed threshold settlement amount expected between $1,090.10 and $1,106.00 per $1,000 note. If the index falls more than 10%, losses are magnified by a buffer rate of approximately 1.1111x, and investors can lose their entire principal. The notes are unsecured obligations subject to the credit risk of both the issuer and guarantor, are not listed on any exchange and may trade at prices below the original issue price. The preliminary estimated value is expected between $980.30 and $990.30 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated uncapped digital barrier notes linked to the lesser performer of the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and maturing on February 14, 2030.
The notes provide uncapped, unleveraged upside to any appreciation of the weaker index at maturity, with a contingent digital return of at least 46.00% if both indices finish at or above their initial levels. A barrier is set at 75.00% of the initial level for each index.
If either index closes below its barrier level on the observation date, investors lose 1% of principal for each 1% decline of the lesser-performing index and can lose the entire principal. The notes pay no interest or dividends, are not bank deposits or FDIC insured, and their value is subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An example estimated value is approximately $980.00 per $1,000 note, with a minimum estimated value at pricing of $950.00 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated structured notes linked to the lesser performance of the iShares® MSCI EAFE ETF and the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and maturing on February 27, 2031.
The notes provide no interest or dividends but offer at least 1.90× any positive return of the weaker underlying at maturity, with a barrier set at 70% of each underlying’s initial value. If either underlying finishes below its barrier, investors lose principal in line with the lesser performer and could lose their entire investment.
The minimum denomination is $1,000 and, if priced on the referenced date, the estimated value would be about $927.30 per $1,000 note and will not be less than $900.00 per $1,000 note when finalized. The notes will not be listed, are subject to the credit risk of both the issuer and guarantor, and may have limited or no secondary market liquidity.