JPMorgan Chase Financial Company LLC is offering unsecured Uncapped Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average®, Russell 2000® Index and S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes run to March 2, 2029, with a 10.00% downside buffer and an upside leverage factor of at least 1.63 applied to any positive return of the worst-performing index. Investors forgo interest and dividends and can lose up to 90.00% of principal based on index performance and the issuers’ credit. If priced on the indicated terms, the estimated value would be about $969.30 per $1,000 note and will not be less than $900.00 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing in 2031. The notes pay a Contingent Interest Payment on each Review Date only if the Index closes at or above 50% of its Initial Value, the Interest Barrier.
The notes may be automatically called starting in 2027 if the Index is at or above its Initial Value on designated Review Dates. Principal is at risk: if at maturity the Index is below 50% of its Initial Value, repayment is reduced one-for-one with the Index loss, potentially to zero. The Index itself is dragged by a 6.0% per annum daily deduction and a notional financing cost, may use leverage up to 500% exposure, and can be significantly uninvested, all of which can materially depress performance. Payments depend on the credit of JPMorgan Financial and guarantor JPMorgan Chase & Co., and the estimated value at pricing is expected to be below the $1,000 issue price.
JPMorgan Chase Financial Company LLC plans to issue auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon only when the index closes at or above 60% of its initial level on a review date.
The notes can be called early starting August 24, 2026 if the index is at or above its initial value, returning principal plus the applicable coupon. If held to maturity and the final index level is below the trigger (also 60% of initial), investors lose 1% of principal for each 1% index decline, potentially losing their entire investment.
The index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which drags performance versus a similar index without such a fee. An example contingent interest rate of 11.50% per year (2.875% quarterly) is shown, and the indicative estimated value is about $904.20 per $1,000 note, below the $1,000 issue price, reflecting selling costs and hedging margins.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully guaranteed by JPMorgan Chase & Co. The notes pay contingent interest only when the Index closes at or above 60% of its initial level on a review date.
The notes can be automatically called as early as August 27, 2026 if the Index closes at or above its initial value on a review date, returning principal plus that period’s interest. If held to March 2, 2029 and the final Index level is below 60% of the initial value, principal is reduced one-for-one with the Index decline, potentially to zero.
The Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which drags performance and can cause declines even when the futures strategy is flat or modestly positive. If priced today, the estimated value would be about $940.50 per $1,000 note, and at pricing it will not be less than $900.00 per $1,000, reflecting selling commissions, hedging costs and JPMorgan’s internal funding rate.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on March 1, 2029 and fully guaranteed by JPMorgan Chase & Co. The notes pay a contingent quarterly coupon only when the Index is at or above 60% of its Initial Value on a Review Date and may be automatically called starting August 24, 2026 if the Index is at or above its Initial Value.
If not called and the Final Index level is below 60% of the Initial Value, principal is reduced 1% for every 1% decline, with the potential for a total loss. A hypothetical contingent interest rate of 10.50% per year (2.625% per quarter) is used in examples, and the issuer estimates the current value at about $919.30 per $1,000 note, with a final estimated value not less than $900. The Index embeds a 6.0% per annum daily deduction and can employ up to 500% futures leverage, which can significantly drag on performance and amplify losses.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes can pay quarterly contingent interest only when the index stays at or above a set barrier and may be called early if the index is at or above its initial level after the first three review dates.
Principal is not protected; if the index finishes below the trigger level at maturity, investors lose principal in line with the index decline, potentially all their investment. The index embeds a 6.0% per annum daily deduction and uses leveraged exposure (up to 500%) to E-mini S&P 500 futures, creating meaningful performance drag and higher volatility. The notes are unsecured, unlisted, have an estimated value below par, and involve complex tax, liquidity and conflict-of-interest risks.
JPMorgan Chase Financial Company LLC is offering structured notes called Uncapped Accelerated Barrier Notes linked to the lesser performance of the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide at least 1.42 times any positive return of the lesser performing index at maturity, with no cap, if both indices finish above their initial levels. If either index finishes at or below its initial level but both stay at or above 70% of their initial values, investors receive only their principal back.
If either index falls below 70% of its initial value, repayment is reduced one-for-one with the lesser performing index’s loss, and investors can lose up to all principal. The notes pay no interest or dividends, are unsecured, have no exchange listing, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. A preliminary estimated value is approximately $969.00 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering uncapped Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes provide at least 1.47x any positive performance of the least performing index at maturity, with a 10% downside buffer. If that index falls more than 10%, investors lose 1% of principal for each additional 1% decline, up to a 90% loss of principal.
The notes pay no interest, provide no dividends, and are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not listed, and secondary market liquidity depends on J.P. Morgan Securities’ willingness to trade, likely at prices below the original $1,000 issue price.
If priced on the example date, the estimated value would be about $941 per $1,000 note and will not be less than $900 per note when finalized, reflecting selling commissions, hedging costs and issuer funding assumptions. The document highlights significant risks, including potential conflicts of interest, small-cap exposure via the Russell 2000, complex tax treatment and possible adverse future tax guidance.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing Uncapped Accelerated Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing in March 2031.
The notes aim to pay at maturity at least 1.59× any positive performance of the least performing index, provided all three indices finish above their initial levels. If any index finishes below its initial level but all remain at or above 70% of initial, investors receive only principal back.
If any index ends below the 70% barrier, repayment is reduced one-for-one with the least performing index’s loss, leading to losses greater than 30% and potentially a total loss of principal. The notes pay no interest or dividends, carry the credit risk of JPMorgan entities, are not exchange-listed, and their estimated value today is illustrated at about $954.70 per $1,000, with a minimum estimated value at pricing of $900.
JPMorgan Chase Financial Company LLC is offering uncapped accelerated barrier notes linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing in February 2031 and fully guaranteed by JPMorgan Chase & Co.
The notes provide at least 1.45x participation in any positive return of the worst-performing index at maturity, with full principal return only if every index finishes at or above 70% of its initial level. If any index ends below this 70% barrier, investors lose 1% of principal for each 1% decline of the least performing index, potentially losing all principal.
The notes pay no interest, pass through no dividends, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not bank deposits, are not FDIC insured, will not be listed on an exchange, and may be hard to sell. The preliminary estimated value is about $930.90 per $1,000 note, and the final estimated value will not be less than $900.00, reflecting embedded selling, structuring and hedging costs.