JPMorgan Chase Financial Company LLC is offering $1,535,000 of Uncapped Dual Directional Accelerated Barrier Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Technology Sector Index and the Russell 2000 Index, maturing on December 17, 2030 and fully guaranteed by JPMorgan Chase & Co.
The notes pay no interest and are issued in $1,000 denominations at $1,000 each, with $5 in selling commissions and $995 in proceeds to the issuer per note; the estimated value at pricing was $977.10 per $1,000 note. At maturity, if every index finishes above its initial level, investors receive $1,000 plus 1.93 times the gain of the worst index. If any index is at or below its initial level but all remain at or above 70% of their initial values, investors receive the $1,000 principal plus the absolute decline of the worst index, capped at 30%, for a maximum of $1,300 per $1,000 note in negative-return scenarios.
If any index closes below 70% of its initial value, repayment is $1,000 plus the actual return of the worst index, so losses can exceed 30% of principal and reach a total loss. The notes are unsecured, subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not listed on an exchange and may trade below the issue price due to fees, internal funding rates and hedging costs.
JPMorgan Chase Financial Company LLC is offering $2,683,000 of capped buffered equity notes linked to the lesser performing of the Invesco QQQ Trust, Series 1 and the S&P 500 Index, maturing June 17, 2027. The notes provide 1.00x upside exposure to the weaker of the two underlyings, capped at a maximum return of 36.85%, for a maximum payment of $1,368.50 per $1,000 note if that underlying rises at least 36.85% from its initial value.
If either underlying finishes down more than the 15.00% buffer at maturity, investors lose 1% of principal for each 1% additional decline in the lesser performer, up to a maximum loss of 85.00% of principal. The notes pay no interest, pass through no dividends, are unsecured and unsubordinated obligations of JPMorgan Chase Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co., exposing holders to their credit risk.
The price to the public is $1,000 per note, including selling commissions of $5, while the estimated value at pricing was $990.70, reflecting embedded selling, structuring and hedging costs. The notes are not listed on an exchange, and secondary market liquidity and pricing, if available, will depend mainly on J.P. Morgan Securities.
JPMorgan Chase Financial Company LLC is offering $250,000 of Capped Buffered Return Enhanced Notes linked to the Russell 2000® Index, maturing on January 15, 2027 and fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide 1.25x any positive index return, capped at a maximum return of 13.55%, for a maximum payment of $1,135.50 per $1,000 note.
Principal is protected only by a 15% downside buffer: if the index falls more than 15%, investors lose 1% of principal for each additional 1% decline, up to a maximum loss of 85%. The notes pay no interest, provide no dividends, are unsecured obligations and are subject to the credit risk of both the issuer and guarantor. The price to public is $1,000 per note, including $5 in selling commissions, and the estimated value at pricing was $985.80 per $1,000 note.
JPMorgan Chase Financial Company LLC is offering structured notes linked to the SPDR® Gold Trust (GLD), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed to provide 125.00% participation in any price increase of the Fund, up to a maximum return of at least 17.20%, so the maximum payment is at least $1,172.00 per $1,000 note at maturity.
These notes pay no interest and expose investors to loss of principal: if the Fund falls, the maturity payment is $1,000 plus the Fund return, but not less than $900.00 per $1,000, meaning up to 10.00% of principal can be lost. The notes are unsecured obligations, subject to the credit risks of JPMorgan Financial and JPMorgan Chase & Co., will not be listed on an exchange, and are expected to have an estimated value at pricing of about $985.50 per $1,000 note, not less than $960.00, which is lower than the issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked to the least performing of the Nasdaq‑100 Index, the SPDR S&P Regional Banking ETF and the VanEck Semiconductor ETF, maturing on December 21, 2028. The notes pay a monthly contingent interest rate of at least 14.50% per annum (at least $12.0833 per $1,000) only if on each review date all three underlyings are at or above 65% of their 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 June 23, 2026, paying $1,000 plus any applicable contingent interest. If held to maturity and none of the underlyings finishes below 55% trigger value, investors receive $1,000 plus any final contingent interest. If any underlying ends below its trigger, repayment is reduced one‑for‑one with the decline in the worst performer, and investors can lose more than 45% and up to all principal.
The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed, and may be difficult to sell. The price to public is $1,000 per note; the estimated value would be about $971.20 per $1,000, and will not be less than $940.00 when finalized, reflecting embedded fees, hedging costs and dealer compensation.
JPMorgan Chase Financial Company LLC is offering $2,339,000 of Uncapped Accelerated Barrier Notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to December 17, 2029 and pay no interest or dividends.
At maturity, if both indexes finish above their initial levels, investors receive principal plus 1.40 times the gain of the weaker index. If either index finishes below its initial level but both stay 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 loss of the weaker index, and principal can be completely lost.
The notes are unsecured obligations, not bank deposits or FDIC insured. The price to the public is $1,000 per note, while the estimated value at pricing was $982.50 per $1,000 note, reflecting structuring and hedging costs and JPMS’s internal funding rate.
JPMorgan Chase Financial Company LLC is offering $375,000 of Capped Accelerated Barrier Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing on December 17, 2030. The notes provide 3.00 times any positive return of the worst-performing index, up to a maximum return of 79.65%, for a maximum payment of $1,796.50 per $1,000 note.
The downside protection is limited: if all indices stay at or above 70% of their initial levels, investors receive full principal back, but if any index falls below this 70% barrier, repayment is reduced one-for-one with the loss in the least performing index and investors can lose their entire principal. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and were priced at $1,000 per note with $41.25 in selling commissions and an estimated value of $941.30.
JPMorgan Chase Financial Company LLC is offering $641,000 of auto callable contingent interest notes linked to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the State Street® Utilities Select Sector SPDR® ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent coupon at a rate of 8.70% per annum (0.725% per month) only if, on a given review date, the closing value of each underlying is at or above 70.00% of its initial value. Beginning June 12, 2026, the notes are automatically called if each underlying is at or above its initial value, returning principal plus the applicable contingent interest.
If the notes are not called and the least performing underlying finishes below its 70.00% trigger value at maturity on December 15, 2028, investors lose 1% of principal for every 1% decline in that underlying and could lose their entire investment. The price to the public is $1,000 per note, including $30 in selling commissions, with estimated value of $952.40 per $1,000 note. The notes are unsecured, subject to issuer and guarantor credit risk, pay no dividends and are not expected to be listed, limiting liquidity.
JPMorgan Chase Financial Company LLC is offering $550,000 of Auto Callable Accelerated Barrier Notes linked to the Class A common stock of Strategy Inc, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes have a minimum denomination of $1,000, price to public of $1,000 per note, selling commissions of $22.50 per note and estimated value of $982.30 per note, with net proceeds to the issuer of $537,625. They may be automatically called on December 28, 2026 if the stock is at or above the Call Value, paying principal plus a $300 call premium per $1,000 note.
If not called, at maturity on December 15, 2028 investors get 3.00 times any positive stock return, par back if the stock is at or above an 80.00% barrier, and lose 1% of principal for every 1% the stock finishes below the Initial Value if it falls under the barrier, potentially losing their entire investment. The notes pay no interest or dividends, carry JPMorgan credit risk and are not listed, so liquidity may be limited.
JPMorgan Chase Financial Company LLC is issuing $2,383,000 of Uncapped Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to December 17, 2030 and offer an uncapped leveraged payoff of 2.045x any positive index return at maturity.
If the index finishes at or above 70% of its initial level, investors receive at least their $1,000 principal per note, but if it closes below this barrier they lose 1% of principal for each 1% index decline and can lose the entire investment. The notes pay no interest, are unsecured obligations subject to the credit risk of both issuers, and were sold at $1,000 per note with estimated value of $974.10, reflecting embedded fees, commissions and hedging costs.