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 may pay monthly contingent interest, expected to be at least 12.05% per annum, but only when the Index is at or above 70% of its Initial Value on a Review Date, and they can be automatically called as early as July 9, 2026 if the Index is at or above its Initial Value.
Principal is not protected: if the notes are not called and the Final Value is below 70% of the Initial Value, repayment is reduced one-for-one with the Index decline and can fall to zero. The Index embeds a 6.0% per annum daily deduction, which drags on performance and can cause declines even when the futures strategy is flat or modestly positive. If priced today, the estimated value would be about $926.30 per $1,000 note and will not be less than $900.00 at pricing, and investors face credit risk of both JPMorgan Financial and JPMorgan Chase & Co., limited liquidity, complex futures and leverage exposure, and uncertain tax treatment.
JPMorgan Chase Financial Company LLC is offering capped buffered equity notes linked to the Nasdaq-100 Index®, maturing on February 4, 2027 and fully guaranteed by JPMorgan Chase & Co. The notes provide 1.00x exposure to any gain in the index, but the total return is capped at a maximum of 13.55% per $1,000 note.
At maturity, investors receive full principal back if the index is flat or down by up to 15%. Below this buffer, principal is reduced 1% for each additional 1% index decline, up to a loss of 85%. The notes pay no interest or dividends and are unsecured obligations subject to the credit risk of both the issuer and guarantor.
The estimated value, if priced on the described date, would be about $992.60 per $1,000 note and will not be less than $960.00, reflecting selling commissions, hedging costs and issuer funding assumptions rather than a guaranteed secondary market price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Uncapped Accelerated Barrier Notes linked to the lesser performance of the Dow Jones Industrial Average and the S&P 500 Index, maturing on January 22, 2031, in minimum denominations of $1,000. At maturity, if both indices finish above their initial levels, holders receive principal plus at least 1.24x the gain of the lesser-performing index. If either index is at or below its initial level but both remain at or above 75% of their initial values, principal is returned. If either index ends below this 75% barrier, repayment is reduced one-for-one with the decline of the lesser-performing index, and principal can be fully lost.
The notes pay no interest and provide no dividends from the underlying stocks. The preliminary estimated value would be about $947.60 per $1,000 note, and will not be less than $920.00 at pricing, reflecting selling commissions of up to $30.00 and a possible structuring fee of $8.50 per $1,000. The notes are not bank deposits, are not FDIC insured, and expose holders to the credit risk of both the issuer and guarantor, as well as limited liquidity and potentially lower secondary market prices.
JPMorgan Chase Financial Company LLC is offering $290,000 of callable contingent interest notes linked 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 contingent interest rate of 7.15% per annum (0.59583% monthly) only when each index closes at or above 70% of its initial level on a review date, and they can be redeemed early at the issuer’s option starting July 2, 2026 on specified interest payment dates.
If held to maturity without early redemption, investors receive full principal only if the worst-performing index finishes at or above its 60% trigger level; otherwise the payoff is reduced in line with the decline of the least performing index, and principal losses can be substantial, up to 100%. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, have no dividend rights, may be illiquid, and have an estimated value of $947.70 per $1,000 note, below the $1,000 issue price due to embedded costs and dealer compensation.
JPMorgan Chase Financial Company LLC filed an amendment to the pricing terms of its Capped Buffered Return Enhanced Notes due November 4, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. The amendment applies to a group of structured notes linked to major indices, including SX5E, NDX, RTY, SPX, EFA and EEM, with aggregate principal amounts such as $1,495,000 of NDX notes.
The change clarifies that, for the Nasdaq‑100 Index linked NDX notes, the Maximum Return is 21.75%, corresponding to a Maximum Payment at Maturity of $1,217.50 per $1,000 principal amount note, based on an initial Nasdaq‑100 Index value of 25,858.13. The amendment reiterates that these notes are unsecured structured investments, not bank deposits, not insured by any governmental agency, and subject to the detailed risk factors described in the related prospectus materials.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $1,065,640 of Capped Buffer GEARS linked to an unequally weighted basket of five major equity indices (EURO STOXX 50, Nikkei 225, FTSE 100, Swiss Market Index and S&P/ASX 200) maturing on January 3, 2028.
The notes have 2.00x upside exposure to any positive basket return, capped at a Maximum Gain of 24.25%, and provide a 10% downside buffer if held to maturity. If the final basket value falls more than 10% below its initial level, investors lose 1% of principal for each additional 1% decline, for a potential loss of up to 90% of principal.
The securities pay no interest, do not provide dividends from the underlying indices, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and are not listed on any securities exchange. The issue price is $10.00 per security, including $0.20 in selling commissions, with an estimated value at pricing of $9.73 per $10 principal amount.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable accelerated barrier notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on January 21, 2031. The notes are issued in $1,000 denominations and may be automatically called as early as January 21, 2027 if the Index closes at or above 100% of its initial level on a Review Date.
If not called, holders receive at maturity an uncapped leveraged upside of 5.00 times any positive Index return. If the final Index level is at or above 50.00% of the initial level, principal is returned; below that 50% barrier, principal is reduced one-for-one with the Index decline, up to a total loss.
The Index embeds a 6.0% per annum daily deduction, which drags performance versus an identical index without such a charge. If priced on the date referenced in the document, the estimated value would be about $891.10 per $1,000 note, and will not be less than $880.00 at pricing, reflecting selling commissions, hedging costs and issuer profit.
JPMorgan Chase Financial Company LLC is offering $3,980,000 of Auto Callable Accelerated Barrier Notes linked to the lesser performing of the iShares Russell 2000 Value ETF and the TOPIX Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest or dividends and expose investors to partial or full loss of principal if the weaker underlying finishes below its 80% barrier at maturity on January 4, 2029.
The notes may be automatically called on December 29, 2026 if each underlying is at or above 100% of its initial value, in which case investors receive $1,200 per $1,000 note and the product terminates early. If held to maturity without an automatic call and both underlyings finish above their initial values, investors receive 4.05 times the appreciation of the lesser performing underlying; if both stay above their barriers but not both above initial value, principal is merely returned. The price to public is $1,000 per note, including $4 in selling commissions, for issuer proceeds of $996 per note, and the initial estimated value is $978.90.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on February 1, 2029. The notes pay a quarterly contingent interest rate of at least 10.50% per annum (at least $26.25 per $1,000) only if, on a Review Date, the Index is at or above 60.00% of the Initial Value.
The notes can be automatically called on any Review Date from July 27, 2026 (other than the first and final dates) if the Index is at or above the Initial Value, returning $1,000 plus the applicable interest and ending further payments. If held to maturity and the Final Value is below the 60.00% Trigger Value, the payoff is $1,000 plus $1,000 times the Index return, so investors can lose more than 40% and up to all principal.
The underlying Index uses leveraged exposure to E-mini S&P 500 futures and includes a 6.0% per annum daily deduction, which drags performance and can cause declines even when its strategy is otherwise flat or positive. The notes are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. and will not be listed on an exchange, so liquidity may be limited. The estimated value at pricing is expected to be between $900.00 and $1,000.00 per $1,000 note, reflecting selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on February 2, 2029. The notes pay a quarterly contingent interest rate of at least 12.50% per annum (at least $31.25 per $1,000 per quarter) only if, on a Review Date, the Index is at or above 60.00% of its Initial Value.
The notes are auto-callable: beginning July 30, 2026, if the Index is at or above its Initial Value on a non‑first, non‑final Review Date, investors receive $1,000 plus that period’s contingent interest and the notes terminate early. At maturity, if the notes were not called and the Index is at or above the 60.00% trigger, investors receive $1,000 plus the final contingent interest.
If, at maturity, the Index is below the 60.00% trigger, repayment of principal is reduced one‑for‑one with the Index decline, so investors can lose more than 40% and up to all of their principal. The Index embeds a 6.0% per annum daily deduction and a notional financing cost on its QQQ-based exposure, which creates a persistent drag on Index performance. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial and are subject to its and JPMorgan Chase & Co.’s credit risk.