JPMorgan Chase Financial Company LLC is offering $250,000 of auto callable contingent interest notes linked separately to the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a 6.35% per annum contingent interest (0.52917% monthly) only for review dates when each index closes at or above 70% of its initial level.
The notes may be automatically called on certain review dates starting July 13, 2026 if each index is at or above its initial value, in which case investors receive $1,000 per note plus the applicable contingent interest and no further payments. If the notes are not called and, at maturity on December 16, 2027, any index finishes below 60% of its initial level, repayment of principal is reduced one-for-one with the decline of the worst-performing index, and investors can lose all of their principal.
The notes are unsecured and unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The issue price is $1,000 per note, including $22.25 of selling commissions, while the estimated value at pricing is $957.90, reflecting structuring and hedging costs. The notes will not be listed on an exchange, and secondary market prices are expected to be below the issue price.
JPMorgan Chase Financial Company LLC is offering $1,195,000 of auto callable contingent interest notes linked separately to the Nasdaq-100 Index, the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes can pay a contingent monthly coupon at a rate of 7.85% per annum if on a review date each index closes at or above 80% of its initial value. Starting July 13, 2026, the notes are automatically called if on certain review dates each index is at or above its initial value, returning $1,000 per note plus the applicable coupon.
If the notes are not called and any index finishes below 80% of its initial value at maturity, investors lose 1% of principal for every 1% decline beyond the 20% buffer, up to an 80% loss. The price to public is $1,000 per note, while the issuer’s estimated value is $981.30, reflecting embedded fees, hedging costs and funding assumptions.
JPMorgan Chase Financial Company LLC is offering $1,873,000 of callable contingent interest notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon at a rate of 10.15% per annum (0.84583% per month) only when, on a Review Date, the closing level of each index is at least 70% of its Initial Value; otherwise no interest is paid for that period.
Starting on July 16, 2026, JPMorgan may redeem the notes early on most interest payment dates, returning $1,000 per note plus any due contingent interest, ending future payments. If the notes are not redeemed early and, on the final Review Date, every index is at or above its 70% Trigger Value, holders receive $1,000 per note plus the final contingent interest payment. If any index finishes below its Trigger Value, the maturity payment is reduced in proportion to the decline of the least performing index, which can result in losing most or all principal, as illustrated by the -60% example paying $400.
The notes are unsecured, unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both the issuer and guarantor, are not insured by the FDIC, and will not be listed on any exchange, so liquidity may be limited. The original issue price is $1,000 per note, while the issuer’s estimated value is $978.90, reflecting selling commissions, hedging costs and projected dealer profits.
JPMorgan Chase Financial Company LLC is issuing auto callable contingent interest notes linked to the common stock of NVIDIA Corporation, fully and unconditionally guaranteed by JPMorgan Chase & Co. The total offering is $250,000, in minimum denominations of $1,000.
The notes pay a 16.00% per annum Contingent Interest Rate (1.33333% per month) only for Review Dates when NVIDIA’s closing price is at or above the Interest Barrier, set at 70.00% of the Initial Value. Starting April 13, 2026, the notes are automatically called if, on a Review Date (other than the first, second and final), the closing price is at or above the Initial Value, returning $1,000 plus the applicable contingent interest.
If not called, and at maturity the Final Value is at or above the Trigger Value of 60.00% of the Initial Value, investors receive $1,000 plus any final contingent interest. If the Final Value is below the Trigger Value, repayment is reduced dollar for dollar with the stock’s loss, and investors can lose a significant portion or all of their principal. The notes are unsecured, subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not listed, and have an estimated value of $966.20 per $1,000, below the $1,000 price to public.
JPMorgan Chase Financial Company LLC is offering $700,000 of unsecured callable contingent interest notes linked to the worst performer among the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can pay a contingent coupon at a rate of 7.65% per annum (0.6375% per month) for any review date on which the closing level of each index is at least 70% of its initial level, but may pay no interest at all.
The issuer may redeem the notes early on certain interest payment dates beginning July 16, 2026, returning $1,000 per note plus any due contingent interest. If the notes are not redeemed early and the final level of any index is below its 70% trigger level, principal is reduced 1% for every 1% decline of the least performing index, potentially to zero. The estimated value at pricing was $946.60 per $1,000, reflecting embedded costs, and the notes will not be listed, so secondary market liquidity and prices may be limited.
JPMorgan Chase Financial Company LLC is offering 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 can pay monthly contingent interest when the Index is at or above 70% of its Initial Value and are automatically called quarterly if the Index is at or above the Initial Value, with the earliest possible call in July 2026.
If the notes are not called, investors receive principal at maturity only if the Final Index Value is at or above 60% of the Initial Value; otherwise, repayment is reduced one-for-one with the Index decline, and all principal can be lost. A hypothetical contingent interest rate of 17.25% per annum (1.4375% monthly) is illustrated, and the issuer estimates current value at about $931.40 per $1,000, with a minimum future estimated value of $900. The underlying Index uses leveraged E-mini S&P 500 futures with a 35% target volatility and is subject to a 6.0% per annum daily deduction that drags on performance. The notes are unsecured, unlisted, subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., may be illiquid, and involve complex tax and withholding considerations for U.S. and non-U.S. holders.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing in January 2031. The notes can be automatically called on scheduled Review Dates, starting in January 2027, if the Index is at or above the Call Value, paying $1,000 plus a Call Premium Amount that steps up from at least 25% to at least 125% of principal over time.
If the notes are not called, investors receive full principal at maturity only if the Final Index Value is at or above a 50% Barrier Amount. If the Final Value is below the Barrier, repayment is $1,000 plus $1,000 times the Index Return, so losses can exceed 50% and extend to all principal. The Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures, targets 35% implied volatility, and applies a 6.0% per annum daily deduction that drags on performance. The estimated value is about $932.10 per $1,000 note and will not be less than $900.00, and investors face credit risk of both the issuer and guarantor, no interest or dividends, and limited liquidity.
JPMorgan Chase Financial Company LLC is offering callable contingent interest notes linked separately to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to January 28, 2031 and pay a monthly Contingent Interest Payment only when the closing level of each index on a Review Date is at or above 55% of its Initial Value, the Interest Barrier.
The issuer may redeem the notes early, in whole, on certain Interest Payment Dates starting January 28, 2027, returning principal plus any due contingent interest. If the notes are not redeemed early, at maturity investors receive $1,000 plus the final contingent interest if each index is at or above its Trigger Value (also 55% of its Initial Value). If any index finishes below its Trigger Value, repayment is reduced in proportion to the decline of the Least Performing Index, and investors can lose some or all principal.
The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value is expected to be lower than the $1,000 issue price; if priced on the indicated date it would be about $970 per note, and the final estimated value will not be less than $950. Investors also face liquidity, market, tax and withholding risks, including potential lack of secondary market and uncertain U.S. federal income tax treatment.
JPMorgan Chase Financial Company LLC is issuing $1,000,000 of auto callable contingent interest notes linked to the common stock of Devon Energy Corporation, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 11.20% per annum (2.80% per quarter) only for review dates when Devon’s share price is at or above 60% of the strike price, called the Interest Barrier.
The notes may be automatically called on quarterly review dates starting July 9, 2026 if Devon’s share price is at or above the strike value, in which case investors receive $1,000 per note plus the applicable contingent interest and no further payments. If the notes are not called and, on the final review date, Devon’s share price is at or above 50% of the strike value, investors receive full principal plus any final contingent interest.
If Devon’s final price is below 50% of the strike value, repayment of principal is reduced 1% for each 1% decline in the stock from the strike, which can result in losing most or all invested principal. The notes are unsecured, not FDIC insured, and the estimated value at pricing was $978.50 per $1,000 note, below the $1,000 price to the public.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated Review Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can be automatically called as early as January 26, 2027 if the Index closes at or above a preset Call Value, paying back $1,000 per note plus a call premium that starts at at least 11.15000% of principal and rises to at least 55.75000% by the final Review Date.
If the notes are not called, principal is protected only down to a 15.00% buffer; if the Index falls more than this, investors lose 1% of principal for each 1% drop beyond the buffer, up to an 85.00% loss. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, uses volatility‑targeted exposure to the QQQ Fund of 0–500%, and is expected to underperform a similar index without these costs. The minimum denomination is $1,000, and if priced today, the estimated value would be about $906.50 per $1,000 note (and will not be less than $900.00 at pricing).