JPMorgan Chase Financial Company LLC is offering $2,109,000 of auto callable contingent interest notes linked to three equity indices: the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index, fully guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent coupon at an annual rate of 8.05% only if, on each Review Date, all three indices close at or above 75% of their initial levels, and the notes can be automatically called starting in July 2026 if all indices are at or above their initial values.
If the notes are not called and, at maturity in July 2027, any index closes below 70% of its initial level, investors lose 1% of principal for each 1% decline of the worst-performing index, up to a total loss of principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., have no principal protection or fixed interest, are not listed, and carry significant liquidity, market, sector, small-cap and tax risks. The price to the public is $1,000 per note, with an estimated value of $962.30.
JPMorgan Chase Financial Company LLC is issuing $3,469,000 of Trigger Autocallable Contingent Yield Notes, fully and unconditionally guaranteed by JPMorgan Chase & Co., linked to the least performing of the Russell 2000, S&P 500 and EURO STOXX 50 indices. The notes, issued at $10 per note with a minimum $1,000 investment, pay a 9.30% per annum contingent coupon (about $0.2325 per quarter per $10) only if on each quarterly Observation Date all three indices are at or above their Coupon Barriers, set at 75% of their Initial Values.
The notes are automatically called if, on any Observation Date, each index is at or above its Initial Value, returning principal plus that period’s coupon with no further payments. If not called, and at maturity in January 2029 all three indices are at or above their Downside Thresholds (also 75% of Initial Values), investors receive principal plus the final coupon. If any index finishes below its Downside Threshold, repayment is reduced in line with the worst index’s loss, and investors can lose a significant portion or all of their principal. The notes are unsecured, not listed on an exchange, subject to issuer and guarantor credit risk, and their initial estimated value is $9.602 per $10 note.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Accelerated Barrier Notes linked to the least performing of the S&P 500 Index, the S&P 500 Equal Weight Index and the iShares S&P 500 Growth ETF, maturing on January 24, 2031. If all three underlyings finish above their initial values, holders receive $1,000 plus the least-performing underlying return multiplied by an upside leverage factor of at least 1.555 per $1,000 note.
If any underlying finishes at or below its initial value but at or above 70.00% of its initial value (the barrier amount), principal is returned at maturity. If any underlying closes below its 70.00% barrier amount, repayment is reduced 1% for each 1% decline in the least-performing underlying, meaning losses can exceed 30.00% and reach 100.00% of principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan entities, are not exchange‑listed, and had an indicative estimated value of approximately $979.40 per $1,000 note, with a final estimated value not less than $940.00.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $760,000 of unsecured callable contingent interest notes linked to the Nasdaq‑100 Index®, the S&P 500® Index and the VanEck® Gold Miners ETF, maturing on July 16, 2027. The notes pay a monthly contingent coupon at a rate of 10.30% per annum (0.85833% per month) only if, on a review date, each underlying is at or above 60% of its initial value; otherwise no interest is paid for that period.
The issuer may redeem the notes early, in whole, on specified interest payment dates starting April 16, 2026, returning $1,000 per note plus any due contingent interest. If held to maturity and not redeemed, investors receive $1,000 per note plus the final contingent interest if each underlying is at or above its 60% trigger level; if any underlying finishes below its trigger, principal is reduced 1% for each 1% decline in the worst performer, down to a total loss. The price to the public is $1,000 per note, while the estimated value is $955.80, reflecting selling commissions and hedging costs, and the notes are expected to settle on or about January 16, 2026.
JPMorgan Chase Financial Company LLC is issuing $730,000 of auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 13.50% per annum, credited monthly at 1.125%, but only for Review Dates when the Index closes at or above 70% of its Initial Value; missed coupons can be paid later if the barrier is again met.
The notes may be automatically called as early as January 13, 2027 if the Index is at or above its Initial Value on specified Review Dates, returning $1,000 per note plus due interest. If not called and the Final Value is below the Trigger Value of 60% of the Initial Value, investors lose 1% of principal for each 1% Index decline, up to a total loss. The Index embeds a 6.0% per annum daily deduction and can use up to 500% futures leverage, which can significantly drag performance and heighten losses. The notes are unsecured, not FDIC insured, have limited liquidity, and their estimated value at pricing was $940.70 per $1,000 note, below the issue price.
JPMorgan Financial Company LLC is offering $1,788,000 of callable contingent interest notes linked to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 9.00% per annum (2.25% per quarter) only for Review Dates when the closing level of each index is at least 70% of its Initial Value.
The notes are callable at the issuer’s option on specified Interest Payment Dates, beginning January 19, 2027, returning $1,000 per note plus any due contingent interest. If held to maturity and not redeemed early, investors receive $1,000 plus any final contingent interest if each index finishes at or above its 60% Trigger Value; otherwise, repayment is reduced based on the Least Performing Index and investors can lose some or all principal. The minimum denomination is $1,000, and the estimated value is $966.40 per $1,000, reflecting embedded fees, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked separately to the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, maturing December 23, 2027. The notes pay a monthly contingent coupon at a rate of at least 8.85% per annum when, on a review date, the closing level of each index is at or above 70% of its initial value; no interest is paid for any month in which any index falls below this barrier.
The issuer may redeem the notes early on specified interest payment dates starting July 23, 2026, returning $1,000 per note plus any due contingent interest. If held to maturity and none of the indices closes below 70% of its initial value on the final review date, investors receive $1,000 per note plus the final contingent interest payment; otherwise, principal is reduced one-for-one with the loss in the worst-performing index and investors can lose all principal. The estimated value is approximately $961.90 per $1,000 note on the trade date and will not be less than $900.00.
JPMorgan Chase Financial Company LLC is issuing $7,479,000 of auto callable contingent interest notes linked separately to the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 minimum denomination.
The notes pay a contingent coupon at a rate of 7.55% per annum (1.8875% per quarter) for any Review Date on which the closing level of each index is at or above 60% of its Initial Value. If on any non‑final Review Date both indices close at or above their Initial Values, the notes are automatically called and pay back $1,000 plus that period’s contingent interest, with no further payments.
If the notes are never called, maturity outcomes depend on index performance. If a “Trigger Event” occurs (either index ever closes below 60% of its Initial Value during the Monitoring Period) and at final valuation either index is below its Initial Value, repayment of principal is reduced one‑for‑one with the percentage loss of the lesser‑performing index, potentially to zero. The estimated value at pricing is $983.70 per $1,000 note, below the $1,000 issue price, reflecting selling costs and hedging factors.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Class C common stock of Dell Technologies Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can pay a contingent quarterly interest coupon if Dell’s share price on a review date is at or above an Interest Barrier set at 50.00% of the Initial Value.
If the stock closes at or above the Initial Value on any review date other than the first and final, the notes are automatically called, paying back $1,000 per note plus that period’s coupon and any previously unpaid coupons, with the earliest call date around July 28, 2026. If never called and Dell’s final share value is at or above the 50.00% Trigger Value, investors receive full principal plus the final and any unpaid coupons.
If the final value is below the Trigger Value, repayment falls in line with the stock decline and investors can lose a significant portion or all of their principal. A hypothetical contingent interest rate of 12.50% per annum (3.125% per quarter) is used in examples, and the estimated value is indicated at approximately $950.00 per $1,000 note, not less than $930.00, reflecting embedded costs and hedging. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., pay no fixed interest or dividends, and are not listed, so liquidity may be limited.
JPMorgan Chase Financial Company LLC is offering $462,000 of callable contingent interest notes linked separately to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the S&P 500® Index, fully guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon at a rate of 8.00% per annum (0.66667% per month) only for review dates when the closing level of each index is at least 70% of its initial value. Beginning April 16, 2026, the issuer can redeem the notes early on certain interest payment dates at $1,000 per note plus any due contingent interest.
If the notes are not redeemed early and any index finishes below 65% of its initial value at final valuation, repayment at maturity is reduced 1-for-1 with the decline of the worst-performing index, and investors can lose most or all of principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not listed, and the estimated value on the pricing date was $959.50 per $1,000 note, below the $1,000 issue price.