JPMORGAN CHASE & CO SEC Filings

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target investors seeking high contingent income in exchange for meaningful downside risk and limited upside.

The notes can pay a contingent interest rate of at least 10.50% per annum, paid quarterly (at least 2.625% per quarter), but only for review dates when the index closes at or above 60% of its initial value. Starting June 18, 2026, the notes are automatically called if the index is at or above its initial value, returning principal plus the applicable interest and ending all future payments.

If the notes are not called and the final index level is at least 60% of the initial value, investors receive principal back plus the last contingent interest payment. If the final level is below 60%, repayment is reduced one-for-one with the index loss, and investors can lose more than 40% and up to all of their principal.

The underlying index applies a 6.0% per annum daily deduction and a notional financing cost on QQQ exposure, which systematically drags performance versus a similar index without these charges. The notes are unsecured, not FDIC insured, not exchange-listed and carry credit risk of both the issuer and guarantor. If priced on the indicated date, the estimated value would be about $920.80 per $1,000 note, and will not be less than $900.00 per $1,000 when finalized.

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 December 5, 2030. The notes pay a quarterly contingent interest rate of at least 11.30% per annum (at least $28.25 per $1,000) only if, on a Review Date, the Index is at or above 60% of its Initial Value.

The notes are automatically called, starting June 1, 2026, if on any non‑first, non‑final Review Date the Index closes at or above its Initial Value, returning $1,000 plus the applicable interest, with no further payments. If held to maturity and the Final Value is at or above 60% of the Initial Value, investors receive $1,000 plus the final interest; if below, repayment is reduced one‑for‑one with the Index loss, potentially down to zero.

The underlying Index is a leveraged, volatility‑targeted E‑mini S&P 500 futures strategy subject to a 6.0% per annum daily deduction, which acts as a persistent drag on performance. The notes are unsecured obligations, exposed to the credit risk of both the issuer and guarantor. The preliminary estimated value is about $901.20 per $1,000 note and will not be less than $900.00 at pricing, reflecting embedded costs and hedging.

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 December 5, 2030. The notes can pay a contingent interest rate of at least 14.00% per annum (at least 3.50% per quarter) when, on a Review Date, the Index is at or above 60.00% of its Initial Value. If on certain Review Dates (other than the first and final) the Index is at or above the Initial Value, the notes are automatically called and repay $1,000 per note plus the applicable interest, ending future payments.

If the notes are not called and the Final Value is below 60.00% of the Initial Value, repayment at maturity is reduced one-for-one with the Index decline, and investors can lose more than 40% and up to all of their principal. The Index itself includes a 6.0% per annum daily deduction, which creates a drag on performance compared with a similar index without this fee. These unsecured notes, in $1,000 minimum denominations, have an initial estimated value of about $932.20 per $1,000 and will not be less than $900.00 per $1,000 when priced.

JPMorgan Chase & Co. is offering $3,560,000 of callable fixed rate notes maturing on November 27, 2030. The notes pay interest at a fixed rate of 4.35% per annum, with interest paid annually on November 28, beginning in 2026, based on a 30/360 day count. The notes are issued at $1,000 per note, with proceeds to the issuer of $998.228 per $1,000 after fees.

Starting November 28, 2027, and on the 28th calendar day of May and November through May 28, 2030, JPMorgan may redeem the notes at par plus accrued interest on any Redemption Date. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any government agency. In a JPMorgan group resolution under U.S. bankruptcy or Dodd-Frank Title II rules, losses could be imposed on noteholders after equity holders and ahead of subsidiary-level creditors, and recovery could be limited.

JPMorgan Chase & Co. is issuing $4,056,000 of callable fixed rate notes due November 28, 2033. The notes pay interest at 4.60% per annum, with interest paid annually on November 28, starting in 2026, using a 30/360 day count convention.

Beginning November 28, 2027, and then every February, May, August and November 28 through August 28, 2033, the issuer may call the notes at par plus accrued interest. At maturity, if not previously redeemed, investors receive principal plus any accrued and unpaid interest.

The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any government agency. Total proceeds to the issuer are shown as $4,023,192 after selling commissions of $7.777 per $1,000 note. In a JPMorgan group resolution, holders rank behind creditors of subsidiaries and priority and secured creditors.

JPMorgan Chase & Co. is offering $875,000 of Callable Fixed to Floating Rate Notes due November 28, 2045. The notes pay a fixed 10.00% per annum from issuance on November 28, 2025 through November 28, 2027, with interest paid in arrears on February 28, May 28, August 28 and November 28 each year.

After the initial period, the interest rate for each period is (7.55% − the Benchmark Rate) × 1.25, based on Compounded SOFR (or a Benchmark Replacement if a transition event occurs), with a minimum rate of 0.00% per annum. JPMorgan may redeem the notes in whole, but not in part, on the 28th of February, May, August and November from November 28, 2027 through August 28, 2045 at par plus accrued interest.

Per note, the price to the public is $1,000, including hedging costs, with selling fees of $24.796 and issuer proceeds of $975.204, for total estimated proceeds of $853,303.50. The notes are unsecured obligations of JPMorgan, structurally subordinated to subsidiary creditors, use a relatively new SOFR-based formula, are not designed for short-term trading, and are expected to be treated as contingent payment debt instruments for U.S. federal income tax purposes, requiring accrual of original issue discount.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 12, 2040. The notes pay interest annually at a fixed rate of 5.15% per annum on each December 12, starting in 2026, until maturity or earlier redemption.

Beginning December 12, 2027, and every June 12 and December 12 thereafter through June 12, 2040, JPMorgan may redeem the notes in whole at par plus accrued interest. Investors therefore face reinvestment risk if the issuer calls the notes when market rates are lower.

The notes are unsecured obligations of JPMorgan Chase & Co., not bank deposits and not insured by the FDIC or any government agency. In a resolution of the firm under U.S. bankruptcy or Title II of Dodd-Frank, losses could be imposed on unsecured creditors, including these noteholders, after equity and structurally senior subsidiary creditors.

Pricing guidance indicates a public offering price between $962.60 and $1,000 per $1,000 principal amount, with selling commissions up to $47.50 per note in typical cases and about $17.00 if priced as of the described date.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Digital Barrier Notes linked to the common stock of Advanced Micro Devices, Inc. (AMD), maturing on December 31, 2026. These notes are designed to pay a fixed return of at least 15.00% at maturity if AMD’s final stock price on the observation date is at or above 50.00% of its initial price, called the Barrier Amount.

If AMD’s final price is below the Barrier Amount, repayment is reduced dollar for dollar with AMD’s decline from the initial level, so investors can lose more than half, up to all, of their principal. The notes do not pay periodic interest or dividends and are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The minimum denomination is $1,000.

The indicative estimated value is approximately $980.00 per $1,000 at launch and will not be less than $950.00 per $1,000, reflecting embedded selling commissions, structuring fees, hedging costs and dealer profits. Key risks include loss of principal, capped upside at the contingent digital return, lack of market liquidity, valuation below issue price in the secondary market, conflicts of interest from JPMorgan affiliates’ hedging and trading, and uncertain tax treatment, including potential future changes affecting prepaid forward-style instruments.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Class A common stock of Palantir Technologies Inc. The notes pay a monthly Contingent Interest Payment of at least $15.4167 per $1,000 (a Contingent Interest Rate of at least 18.50% per annum) for any Review Date on which Palantir’s closing share price is at or above 60.00% of the Initial Value.

The notes may be automatically called on specified Review Dates (other than the first, second and final) if Palantir’s share price is at or above the Initial Value, in which case investors receive $1,000 plus the applicable Contingent Interest Payment and any previously unpaid Contingent Interest Payments, and the notes terminate early. If held to maturity and the Final Value is at least 50.00% of the Initial Value, investors receive $1,000 plus any due Contingent Interest Payments; if the Final Value is below 50.00%, repayment is reduced dollar-for-dollar with Palantir’s decline, and investors can lose most or all of their principal.

The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to its and JPMorgan Chase & Co.’s credit risk, offered in minimum denominations of $1,000. If priced on the date referenced, the estimated value would be approximately $958.30 per $1,000 note, and when set it will not be less than $900.00 per $1,000. The notes do not pay dividends, may not be liquid, and may never pay any Contingent Interest Payments if the stock stays below the Interest Barrier on all Review Dates.