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MicroSectors FANG & Innovation -3x Inverse Leveraged ETN 424B Filings

BERZ NYSE

Every 424B that MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 424B covers the supplement that carries the terms of a priced offering, so if you follow BERZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BERZ filings page.

Rhea-AI Summary

Bank of Montreal priced US$1,500,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index. Pricing Date was April 17, 2026 with settlement on April 22, 2026 and maturity on April 22, 2031. The notes offer 200.00% upside participation subject to a Maximum Redemption Amount of $1,900.00 per $1,000 (a 90.00% cap). The structure protects the first 20.00% of decline (Buffer Level = 80.00% of Initial Level) but exposes investors to losses beyond that buffer, up to an 80.00% loss of principal. The document states an estimated initial value of $951.38 per $1,000. All payments are subject to the issuer credit risk of Bank of Montreal and the notes will not be listed on an exchange.

Rhea-AI Summary

Bank of Montreal is offering unsecured market-linked, auto-callable notes due April 23, 2029 that pay a monthly fixed coupon of $1,000×8.25%/yr pro rata and return the face amount at maturity only if the lowest performing underlying ETF closes at or above its threshold (80% of starting value) on the final calculation day. If any lowest performing Underlier finishes below its threshold, holders suffer 1-to-1 loss on the decline in excess of the 20% buffer, exposing holders to up to an 80% loss of principal. The pricing date was April 17, 2026, issue date April 22, 2026, original offering price $1,000 and estimated initial value $973.01 per security.

Rhea-AI Summary

Bank of Montreal priced US$4,345,000 of Senior Medium-Term Notes, Series K, Barrier Enhanced Return Notes due April 22, 2031, linked to the S&P 500® Futures Excess Return Index. The notes offer a 219.50% Upside Leverage Factor on appreciation above an Initial Level of 574.76 (Pricing Date April 17, 2026). The Barrier Level is 402.33 (70.00% of Initial Level). At maturity (Valuation Date April 17, 2031), if the Final Level ≥ Initial Level, holders receive principal plus leveraged upside; if Final Level < Initial Level but ≥ Barrier Level, holders receive only principal; if Final Level < Barrier Level, holders lose 1% of principal for each 1% decline, potentially losing up to 100% of principal. Estimated initial value was $981.71 per $1,000. Payments are unsecured and subject to Bank of Montreal credit risk.

Rhea-AI Summary

Bank of Montreal priced US$2,721,000 of Senior Medium‑Term Notes, Series K — Autocallable Buffer Enhanced Return Notes linked to the least performing of the Russell 2000® and the S&P 500®. The notes offer a 125.00% Upside Leverage Factor and an automatic redemption feature on April 23, 2027 if both Reference Assets close above their Call Levels. On automatic redemption investors receive principal plus a $165 Call Amount per note (about 16.50% per annum). If not called, repayment at maturity depends on the Least Performing Reference Asset with a 20.00% buffer; losses beyond the buffer reduce principal dollar‑for‑dollar (up to 80.00% maximum loss). The issuer’s estimated initial value is $993.56 per $1,000 principal. The notes pay no interest, are unsecured obligations of Bank of Montreal, and are subject to the issuer’s credit risk. Minimum denomination is $1,000.

Rhea-AI Summary

Bank of Montreal priced US$1,702,000 Senior Medium-Term Notes, Series K, Autocallable Buffer Enhanced Return Notes due April 23, 2029 linked to the least performing of the Russell 2000® and the S&P 500®. The notes offer a 125.00% Upside Leverage Factor, a 20.00% Buffer against declines, and an automatic redemption feature on April 23, 2027 that would pay a Call Amount of $130.00 per $1,000 (approximately 13.00% per annum). If not called, maturity payoff depends on the Least Performing Reference Asset: investors receive principal plus leveraged upside if the Least Performing Reference Asset finishes above its initial level, receive principal only if the decline is within the 20.00% buffer, and incur losses of 1% for each 1% decline beyond the buffer (up to an 80.00% principal loss). The notes are unsecured obligations of Bank of Montreal, non‑interest bearing, not exchange listed, issued in minimum denominations of $1,000, and subject to the issuer’s credit risk. The initial estimated value was $974.87 per $1,000; price to public equals 100% of principal.

Rhea-AI Summary

Bank of Montreal priced US$1,000,000 aggregate Senior Medium-Term Notes, Series K — autocallable barrier notes with memory coupons linked to the S&P 500, NASDAQ-100 and Russell 2000. Pricing Date was April 17, 2026, Settlement April 22, 2026, Maturity July 22, 2027. The notes pay a contingent coupon of 1.05% per month (approximately 12.60% per annum) when each reference asset closes at or above its 70.00% coupon barrier on an Observation Date, include a Memory Coupon feature and an automatic redemption if all call levels (100% of initial levels) are met on an Observation Date beginning October 19, 2026. Payment at maturity depends on the least performing reference asset and may result in loss of principal if a Trigger Event (any reference asset below its 65.00% trigger level during the Monitoring Period) occurs.

Rhea-AI Summary

Bank of Montreal (issuer) priced US$3,292,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the common stock of Microsoft Corporation (MSFT). The notes priced on April 17, 2026, settle on April 22, 2026 and mature on April 23, 2029.

The notes pay a contingent coupon of 2.575% per quarter (approximately 10.30% per annum) when the Reference Asset closes at or above the Coupon Barrier Level on Observation Dates, and include a Memory Coupon feature. The Initial Level is $422.79, and both the Coupon Barrier Level and Trigger Level are $295.95 (70.00% of Initial Level). The notes are callable if the Reference Asset closes at or above the Call Level (100% of Initial Level) on an Observation Date. If not called and the Final Level is below the Trigger Level, payment at maturity will be reduced according to the Percentage Change formula.

Rhea-AI Summary

Bank of Montreal priced US$1,935,000 Senior Medium-Term Notes, Series K — Barrier Notes with Contingent Coupons due April 23, 2029. The notes pay a contingent coupon of 0.8667% per month (approximately 10.40% per annum) when each Reference Asset closes at or above a 70.00% coupon barrier on observation dates. Payment at maturity depends on the Percentage Change of the Least Performing Reference Asset (NDXT, RTY, SPX); if any Final Level is below its Trigger Level (70.00% of Initial Level), a Trigger Event occurs and principal repayment is reduced by that Percentage Change. Estimated initial value was $993.00 per $1,000 principal on the Pricing Date.

Rhea-AI Summary

Bank of Montreal (BMO) priced a US$250,000 issue of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Palantir Technologies Inc. (PLTR). The notes settle on April 22, 2026 and mature on October 22, 2027, with a valuation date of October 19, 2027.

Each $1,000 note pays a 4.5625% quarterly contingent coupon (about 18.25% per year) if the Reference Asset on an Observation Date is at or above the coupon barrier. Notes automatically redeem if the Reference Asset closes at or above the Call Level on an Observation Date; otherwise final payment at maturity depends on the Reference Asset’s Final Level versus a Trigger Level of $73.20 (50.00% of the Initial Level). Estimated initial value was $976.03 per $1,000.

Rhea-AI Summary

The Bank of Montreal is offering US$1,203,000 of Senior Medium‑Term Notes, Series K: autocallable barrier notes with memory coupons linked to the least performing of Tesla (TSLA) and NVIDIA (NVDA). The notes pay a contingent coupon of 1.7833% per month (≈21.40% per annum) when both reference assets meet monthly coupon barrier tests, feature automatic redemption if both assets close at or above their initial levels on an observation date, and return at maturity either full principal or a reduced cash amount based on the percentage change of the least performing reference asset relative to its initial level. Coupon barriers (70%) and trigger levels (55%) are specified for each asset. The estimated initial value on the pricing date was $968.04 per $1,000 in principal amount.

Rhea-AI Summary

Bank of Montreal is offering $8,569,000 of Senior Medium-Term Notes, Series K — Barrier Notes with Contingent Coupons due April 23, 2029. The notes pay semiannual contingent coupons of 4.925% per semiannual period (approximately 9.85% per annum) if both reference indexes close at or above their 75.00% coupon barrier on each observation date.

Payments at maturity depend on the performance of the Least Performing Reference Asset (the Russell 2000® and the S&P 500®). If the Final Level of either index is below its Trigger Level (75.00% of its Initial Level) on the Valuation Date, holders receive a reduced cash amount tied to the percentage change of the Least Performing Reference Asset; principal may be lost. The notes are unsecured obligations of Bank of Montreal; estimated initial value was $998.92 per $1,000 on the pricing date.

Rhea-AI Summary

Bank of Montreal priced $992,000 of Senior Medium-Term Notes, Series K — Autocallable Buffer Notes linked to the least performing common stock of Broadcom Inc. (AVGO) and NVIDIA Corporation (NVDA). The notes pay a Contingent Coupon of 2.4584% per month (approximately 29.50% per annum) when each Reference Asset is at or above its 75.00% Coupon Barrier on an Observation Date. Pricing Date was April 17, 2026, Settlement Date April 22, 2026, Valuation Date July 19, 2027, and Maturity Date July 22, 2027. At maturity, investors receive principal unless a Trigger Event occurs (Final Level below the Buffer Level of 25.00% decline), in which case losses are magnified by a Downside Leverage Factor of approximately 133.33%. The estimated initial value was $1,000.91 per $1,000 principal on the Pricing Date.

Rhea-AI Summary

Bank of Montreal priced US$365,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Shopify Inc. (SHOP) Class A shares. The notes were priced on April 17, 2026 with settlement on April 22, 2026 and mature on October 22, 2027. They pay contingent quarterly coupons of 4.7125% per quarter (≈ 18.85% per annum) when the reference share on an Observation Date is ≥ the Coupon Barrier Level of $65.58 (50.00% of the Initial Level). The notes are autocallable beginning on the first Observation Date if the closing level is ≥ the Call Level (100% of Initial Level); automatic redemption pays principal plus the contingent coupon. At maturity, if not called, investors receive $1,000 per $1,000 unless the Final Level is below the Trigger Level ($65.58), in which case the cash payout is $1,000 + [$1,000 × Percentage Change] and may be less than principal. The public offering price was 100% ($1,000 per $1,000) with estimated initial value of $957.82 per $1,000. Agents’ commission equals 1.875% and proceeds to BMO are 98.125%. The notes pay cash only at maturity and are unsecured obligations of the Bank.

Rhea-AI Summary

Bank of Montreal is offering US$475,000 in Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®

The notes price on April 17, 2026, settle on April 22, 2026 and mature on April 23, 2029. Contingent coupons equal 2.2025% per quarter (approximately 8.81% per annum) if each Reference Asset is at or above its Coupon Barrier on an Observation Date, subject to the automatic redemption feature. The notes have an estimated initial value of $985.30 per $1,000 principal amount on the Pricing Date.

Rhea-AI Summary

Bank of Montreal priced US$1,410,000 Senior Medium-Term Notes, Series K — Barrier Notes with Contingent Coupons linked to the least performing of the Russell 2000® (RTY) and the S&P 500® (SPX).

Pricing Date: April 17, 2026; Settlement: April 22, 2026; Valuation Date: April 18, 2029; Maturity Date: April 23, 2029. Contingent semiannual coupons equal to 4.375% per semiannual period (approximately 8.75% per annum) are payable only if each reference asset on an Observation Date is >= its Coupon Barrier (75% of Initial Level). If on the Valuation Date any Reference Asset is below its Trigger Level (75% of Initial Level), a Trigger Event occurs and the maturity payment equals $1,000 plus $1,000 times the Percentage Change of the least performing Reference Asset, which can be less than principal and may be zero.

Estimated initial value on the Pricing Date: $973.68 per $1,000. Public offering price: 100%; agent’s commission: 2.50%; proceeds to Bank of Montreal: 97.50%. Investors should review the stated risk factors and tax discussion.

Rhea-AI Summary

Bank of Montreal priced $679,000 of Senior Medium-Term Notes, Series K — Contingent Risk Absolute Return Buffer Notes due April 23, 2029. The notes provide 1:1 upside participation in an unequally weighted basket (50% S&P 500, 30% EFA, 20% EEM) subject to a $1,340.00 maximum redemption per $1,000 (a 34.00% cap) and a 15.00% buffer that limits limited downside protection to the buffer level.

The notes pay no interest, are unsecured obligations of Bank of Montreal and are subject to issuer credit risk. Pricing occurred on April 17, 2026, settlement on April 22, 2026, valuation date on April 18, 2029, and maturity on April 23, 2029. The initial estimated value was $962.99 per $1,000. Investors may lose up to 85.00% of principal if the Basket declines beyond the buffer.

Rhea-AI Summary

Bank of Montreal (issuer) priced US$540,000 of Senior Medium-Term Notes, Series K — Enhanced Return Notes due April 22, 2031, linked to the S&P 500® Index. The notes provide 108.00% upside leverage on any appreciation; if the index falls, investors lose 1% of principal for each 1% decline. The Initial Level was 7,126.06 (closing level on the Pricing Date) and the Valuation Date is April 17, 2031. Notes pay no interest, are unsecured obligations of Bank of Montreal, not exchange‑listed, issued in $1,000 denominations, and subject to the issuer’s credit risk. Proceeds to Bank of Montreal equal $522,720 and the public offering price equals 100% per note; the estimated initial value was $960.09 per $1,000.

Rhea-AI Summary

Bank of Montreal priced a US$1,985,000 offering of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the S&P 500® Index. The notes pay no interest, can be automatically redeemed on April 23, 2027 if the index closes above its Call Level (100% of the Initial Level) for a per‑note Call Amount of $102.50, and mature on April 22, 2031.

If not called, final payment at maturity depends on the Final Level relative to the Initial Level of 7,126.06. If the Final Level is at or above the Initial Level, investors receive upside 1:1 (100% Upside Leverage Factor). If the Final Level is below the Barrier Level of 4,275.64 (60% of Initial Level), investors lose 1% of principal for each 1% decline in the index and may lose up to 100% of principal. All payments are subject to Bank of Montreal credit risk.

Rhea-AI Summary

Bank of Montreal priced an equity-linked structured note—Market Linked Securities auto-callable with a contingent coupon and downside principal at risk linked to the Class A common stock of Veeva Systems Inc. The pricing date is April 30, 2026, issue date May 5, 2026 and stated maturity is May 3, 2027. The original offering price is $1,000 per security; the initial estimated value at the preliminary pricing is $973.30 (floor at $920.00). The securities pay monthly contingent coupons (the contingent coupon rate determined at pricing will be at least 12.00% per annum), feature an automatic call if the Underlier meets the starting-value condition on certain calculation days, and at maturity repay either the face amount or a reduced payment tied to the Underlier’s performance (full downside exposure below a 50% threshold). The notes are unsecured obligations of Bank of Montreal and subject to its credit risk; tax treatment for U.S. holders is uncertain.

Rhea-AI Summary

Bank of Montreal priced US$959,000 Senior Medium-Term Notes, Series K — autocallable barrier notes linked to Kratos Defense & Security Solutions, Inc. (KTOS). The notes were priced on April 17, 2026, settle on April 22, 2026, and mature on April 22, 2030. They pay a quarterly Coupon of 3.0125% (about 12.05% per annum) and are automatically redeemable beginning on April 19, 2027 if the Reference Asset closes above its Call Level. The Initial Level is stated as $70.99 with a Trigger Level of $35.50 (50.00% of Initial Level). Estimated initial value was $954.00 per $1,000 principal amount; actual value will vary with market conditions.

Rhea-AI Summary

Bank of Montreal priced US$501,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the common stock of KKR & Co. Inc. The notes mature on August 22, 2028 and provide 200.00% upside exposure to appreciation in KKR subject to a Maximum Redemption Amount of $1,592.00 per $1,000. Investors receive full principal at maturity if KKR does not fall more than 20.00% (Buffer Level $81.62 from Initial Level $102.02); declines beyond the buffer reduce principal dollar-for-dollar, allowing up to an 80.00% loss. The notes pay no interest, are unsecured obligations of Bank of Montreal, and all payments are subject to the issuer’s credit risk. The initial estimated value was $982.84 per $1,000; price to public was 100%.

Rhea-AI Summary

Bank of Montreal priced US$1,653,000 Autocallable Barrier Senior Notes linked to Robinhood Markets, Inc. Class A common stock (HOOD). The notes pay a quarterly Coupon at 3.1325% per quarter (approximately 12.53% per annum), have an Initial Level of $90.75, a Trigger Level of $45.38 (50.00% of Initial Level) and mature on April 22, 2030.

If on any Call Observation Date the Reference Asset closes above the Call Level (100% of Initial Level), the notes will be automatically redeemed and investors receive principal plus the applicable Coupon. If not called, maturity payment is $1,000 per $1,000 unless a Trigger Event occurs; if a Trigger Event occurs, the maturity cash amount equals $1,000 + ($1,000 x Percentage Change) based on Final Level.

Rhea-AI Summary

Bank of Montreal priced US$14,283,000 of Senior Medium-Term Notes, Series K: autocallable barrier notes with memory coupons due April 23, 2029, linked to the S&P 500® and the EURO STOXX 50®. The notes pay quarterly contingent coupons of 2.4375% per quarter (≈9.75% per annum) if each index on an Observation Date is ≥ its 80% coupon barrier. Beginning October 20, 2026, the notes may autocall if both indices close at or above their Call Levels on an Observation Date; if not autocalled, maturity redemption depends on the performance of the least performing index and may return less than principal if a Trigger Event (final level below 80% of initial) occurs.

Rhea-AI Summary

Bank of Montreal offers Market Linked Securities—auto-callable, contingent coupon notes linked to the lowest performing of Datadog (DDOG), Palantir (PLTR) and Tesla (TSLA), maturing April 20, 2029. The contingent coupon rate is 25.60% per annum; estimated initial value was $961.03 and the original offering price is $1,000 per security. Monthly observation dates determine coupon payments and automatic call risk; if not called, principal at maturity depends on the lowest performing Underlier versus a 50% downside threshold. Payments are subject to Bank of Montreal credit risk and U.S./Canadian tax uncertainties.

Rhea-AI Summary

Bank of Montreal priced US$891,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500®, EURO STOXX 50® and NASDAQ‑100®, maturing April 24, 2028. The notes pay a contingent coupon of 0.8667% per month (≈10.40% per annum) when each reference asset on an Observation Date is ≥ its Coupon Barrier (70% of the Initial Level). Beginning April 21, 2027, the notes will autocall if each Reference Asset is ≥ its Call Level (100% of Initial Level) on an Observation Date. At maturity, if any Reference Asset is below its Trigger Level (70% of Initial Level), investors receive $1,000 × (1 + Percentage Change of the Least Performing Reference Asset), which can be less than principal. Estimated initial value was $988.46 per $1,000 on the Pricing Date.

Rhea-AI Summary

Bank of Montreal is offering Market Linked Securities—Senior Medium‑Term Notes, Series K—linked to an unequally weighted ETF basket (ITA, QQQ, XLF) maturing March 22, 2028. The original offering price is $1,000 per security and the issuer’s estimated initial value is $966.85 per security.

Payoff at maturity depends on the basket return with a 100% upside participation subject to a 20.00% maximum return (max maturity payment $1,200). The securities include a 15% buffer (threshold 85) so losses occur 1-for-1 for declines beyond the buffer; investors are exposed to Bank of Montreal credit risk. Agent: Wells Fargo Securities (agent discount up to $23.25); CUSIP: 06376KM88.

Rhea-AI Summary

Bank of Montreal offers $2,711,000 Senior Medium-Term Notes, Series K. The Notes are U.S. dollar fixed-rate debt with a 5.00% annual coupon, $1,000 principal per Note, issued April 22, 2026 and maturing October 22, 2032, subject to issuer optional redemption on semi-annual dates at 100% principal plus accrued interest.

The Notes are unsecured, will not be listed on any exchange, and are bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under specified Canadian resolution powers. The offering price was $1,000 per Note with a $5.00 underwriting discount per Note.

Rhea-AI Summary

Bank of Montreal issues principal‑protected‑style contingent notes linked to the S&P 500® Index maturing April 19, 2028. Each note has a $1,000 principal amount with a 125% upside participation rate, a capped return at $1,216.00 per note and a 15.00% downside buffer. If the final index level is above the initial 7,022.95 (strike April 15, 2026), investors participate up to the cap; if the final level falls below 85.00% of the initial level, principal is lost at ~1.1765% per 1% decline below the buffer. The notes are unsecured obligations of Bank of Montreal and not listed; estimated initial value is $975.99 per $1,000 principal amount and the offering totals $2,000,000.

Rhea-AI Summary

Bank of Montreal is offering Senior Medium-Term Notes, Series K—equity index linked, auto-callable securities with a contingent coupon and principal at risk linked to the lowest performing of the Dow Jones Industrial Average®, the Nasdaq-100® and the EURO STOXX 50®. The pricing date is April 24, 2026, issue date April 29, 2026 and stated maturity is April 27, 2029.

The original offering price and face amount are $1,000 per security; the estimated initial value at the preliminary pricing is $970 (not less than $920 at pricing). The contingent coupon rate will be determined at pricing and will be at least 9.62% per annum. If not called, principal repayment at maturity depends on the ending value of the lowest performing Underlier relative to a downside threshold equal to 75% of its starting value, exposing holders to potential loss of more than 25% and possibly all principal. The securities are unsecured obligations of Bank of Montreal and subject to its credit risk.

Rhea-AI Summary

Bank of Montreal priced US$1,560,000 of Senior Medium-Term Notes, Series K — Contingent Risk Absolute Return Buffer Notes due April 20, 2029, linked to an unequally weighted basket of the S&P 500 (50%), iShares MSCI EAFE ETF (30%) and iShares MSCI Emerging Markets ETF (20%). The notes pay no interest and provide 1x upside participation up to a Maximum Redemption Amount of $1,360.00 per $1,000 (a 36.00% cap). If the Basket declines but the Final Level remains at or above the Buffer Level (85.00% of the Initial Level), investors receive a positive absolute return up to a Maximum Downside Redemption Amount of $1,150.00 per $1,000 (a 15.00% return). If the Basket falls below the Buffer Level, investors lose 1% of principal for each 1% decline beyond the 15.00% buffer and may lose up to 85.00% of principal. All payments are subject to Bank of Montreal credit risk; BMOCM acted as agent and calculation agent.

Rhea-AI Summary

Bank of Montreal priced US$1,210,000 Senior Medium-Term Notes, Series K — Capped Buffer Notes linked to the S&P 500® Index maturing October 22, 2029. The notes offer 1:1 upside participation capped at a Maximum Redemption Amount of $1,444.00 per $1,000 (a 44.40% return) and provide a 30.00% buffer against declines; if the index falls more than 30.00% from the Initial Level of 7,022.95, investors lose 1% of principal for each 1% decline beyond the buffer, up to a 70.00% loss. The notes do not bear interest, are unsecured obligations of Bank of Montreal, and carry issuer credit risk. The estimated initial value was $988.36 per $1,000 on the pricing date.

Rhea-AI Summary

Bank of Montreal priced US$16,905,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the S&P 500® Index. The notes mature on April 17, 2028 with a Pricing Date of April 15, 2026 and Settlement Date of April 20, 2026. The notes provide 200.00% upside leverage on any appreciation in the S&P 500® Index but cap the payment at a Maximum Redemption Amount of $1,225.00 per $1,000 (a 22.50% return). Holders are protected only for a decline up to 15.00% (Buffer); if the Final Level falls below the Buffer Level, investors lose 1% of principal for each 1% decline beyond 15.00%, potentially losing up to 85.00% of principal. The notes pay no interest, are unsecured obligations of Bank of Montreal and are subject to the issuer’s credit risk. Our initial estimated value was $1,001.48 per $1,000.

Rhea-AI Summary

Bank of Montreal is offering US$1,090,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due October 20, 2027 — linked to the least performing of the S&P 500®, Russell 2000® and the State Street Utilities Select Sector SPDR® ETF (XLU). The notes pay a 12.45% Digital Return at maturity if the Final Level of the least performing reference asset is ≥ 60.00% of its Initial Level (Digital Barrier). If the least performing asset falls below the Barrier, investors lose 1% of principal for each 1% decline; losses can reach 100% of principal. Notes are unsecured, non‑interest bearing, issued in $1,000 denominations, and subject to Bank of Montreal credit risk.

Rhea-AI Summary

Bank of Montreal priced US$1,511,000 of Senior Medium-Term Notes, Series K — 12.20% Digital Return Barrier Notes due October 20, 2027, linked to the least performing of the S&P 500® and Russell 2000® indices. The notes pay a fixed 12.20% Digital Return at maturity if the Least Performing Reference Asset’s Final Level is ≥ 60.00% of its April 15, 2026 Initial Level. If the Least Performing Reference Asset declines by more than 40.00% from its Initial Level, investors lose 1% of principal for each 1% decline (possible loss up to 100%). The notes mature October 20, 2027, were priced to public at 100% (proceeds 99.625% after a 0.375% agent commission), and had an estimated initial value of $994.71 per $1,000 on the Pricing Date.

Rhea-AI Summary

US$1,495,000 Senior Medium-Term Notes, Series K (Digital Return Barrier Notes) were priced by Bank of Montreal. The notes mature on July 20, 2027 and pay a 9.75% Digital Return if the Least Performing Reference Asset (the lower of the S&P 500® and Russell 2000®) has a Final Level ≥ 60.00% of its April 15, 2026 Initial Level. If the Least Performing Reference Asset falls below the 60.00% Barrier, investors lose 1% of principal for each 1% decline; full principal loss is possible.

The notes are unsecured obligations of Bank of Montreal, not listed, issued in $1,000 denominations, with an estimated initial value of $994.14 per $1,000 and a public offering price of 100% (agent’s commission 0.375%). Payments are subject to the Bank’s credit risk and customary market‑disruption and adjustment provisions.

Rhea-AI Summary

Bank of Montreal priced US$4,927,000 of Senior Medium-Term Notes, Series K — principal-protected contingent notes due May 20, 2027 — linked to the least performing of the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®. The notes pay a 9.78% Digital Return if the Least Performing Reference Asset’s Final Level is ≥ 70.00% of its April 15, 2026 Initial Level. If the Least Performing Reference Asset declines more than 30.00%, investors lose 1% of principal for each 1% decline, potentially losing up to 100% of principal. Notes were offered at 100% ($1,000 denominations); estimated initial value was $985.17 per $1,000. Payments are unsecured obligations of Bank of Montreal; BMOCM is agent and calculation agent.

Rhea-AI Summary

Bank of Montreal is offering US$611,000 of Senior Medium-Term Notes, Series K (Buffer Notes) linked to the shares of the State Street SPDR S&P 500 ETF Trust ("SPY"). The notes mature on April 20, 2029, pay no interest, and provide 89.00% upside participation if SPY finishes at or above its Initial Level of $694.46 (Strike Date April 14, 2026). The notes return principal only if SPY does not decline by more than 20.00% (Buffer Level $555.57); declines beyond 20.00% reduce principal 1% per 1% decline, exposing investors to up to an 80.00% principal loss. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk; all payments will be made in cash and the notes will not be listed.

Rhea-AI Summary

Bank of Montreal is offering US$825,000 in Senior Medium-Term Notes, Series K: autocallable notes with contingent coupons due April 20, 2029, linked to the least performing of CRWD, META and TSLA. Coupons of 0.8542% per month (≈10.25% per annum) are payable monthly if each Reference Asset meets its 80% coupon barrier on observation dates. The notes auto-redeem if each Reference Asset equals or exceeds 100% of its Initial Level on a Call Observation Date; otherwise investors receive principal at maturity and any final contingent coupon.

Rhea-AI Summary

Bank of Montreal offers US$1,009,000 of Senior Medium-Term Notes, Series K: Step Down Autocallable Barrier Notes linked to the least performing of the NASDAQ-100 (NDX), Russell 2000 (RTY) and Dow Jones Industrial Average (INDU).

The notes price at 100% of principal with an estimated initial value of $987.78 per $1,000. They may be automatically redeemed on specified Observation Dates beginning April 21, 2027 if each Reference Asset closes at or above its Call Level, in which case investors receive the principal plus the applicable Call Amount. If not called, at maturity on April 21, 2031 payment depends on the performance of the least performing Reference Asset: investors receive $1,000 unless a Trigger Event occurs (Final Level below the Trigger Level, set at 70.00% of each Initial Level), in which case the cash payment equals $1,000 plus the Percentage Change of the least performing Reference Asset.

Rhea-AI Summary

Bank of Montreal completed pricing for a US$968,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the least performing of Broadcom Inc. (AVGO) and Oracle Corporation (ORCL). The notes priced on April 15, 2026, settle April 20, 2026 and mature April 20, 2029.

The notes pay monthly contingent coupons of 1.7708% per month (~21.25% per annum) when each reference asset on an Observation Date is at or above its coupon barrier. They feature an automatic redemption if both references equal or exceed their Call Level (100% of Initial Level) on an Observation Date, and a downside principal payoff at maturity tied to the Percentage Change of the least performing Reference Asset with Trigger and Coupon Barrier Levels set at 60.00% of Initial Level.

Rhea-AI Summary

Bank of Montreal prices US$2,151,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due April 20, 2029, linked to the least performing of GDX, NDX and RTY. The notes were offered at 100% of principal with an estimated initial value of $965.25 per $1,000.

Monthly contingent coupons equal 0.91% per month (approximately 10.92% per annum, or $9.10 per $1,000 when payable). The notes are autocallable beginning on the October 15, 2026 observation cycle and repay principal at maturity unless a Trigger Event occurs, in which case repayment equals $1,000 plus the Percentage Change of the least performing reference asset.

Rhea-AI Summary

Bank of Montreal priced US$3,804,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due April 20, 2029. The notes link to the least performing of the S&P 500® Index and the EURO STOXX 50® Index, pay a contingent coupon of 2.525% per quarter (~10.10% per annum) when each reference asset closes at or above an 80.00% coupon barrier on an observation date, and feature automatic redemption beginning July 15, 2026 if both references close at or above their call levels. Settlement is April 20, 2026 and the valuation date is April 17, 2029. The public offering price was 100% of principal, estimated initial value was $978.92 per $1,000, and proceeds to Bank of Montreal were shown as $3,727,920 after a 2.00% agent commission.

Rhea-AI Summary

Bank of Montreal (BMO) priced US$1,205,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes due April 20, 2029, linked to the least performing of META, TSLA and CRWD. The notes pay a contingent monthly coupon of 2.6167% (approximately 31.40% per annum) when each reference asset is at or above its 60.00% coupon barrier on observation dates. The notes may be automatically redeemed beginning July 15, 2026 if each reference asset is at or above its Call Level (100% of initial level) on an Observation Date. At maturity, if not auto‑redeemed, holders receive $1,000 per $1,000 unless a Trigger Event occurs (Final Level of any reference asset is below its 60.00% Trigger Level), in which case payment equals $1,000 plus the Percentage Change of the least performing asset and may be substantially below principal. Estimated initial value was $974.25 per $1,000.

Rhea-AI Summary

Bank of Montreal priced a US$6,241,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — linked to the least performing of the NASDAQ-100 (NDX), Russell 2000 (RTY) and the Dow Jones Industrial Average (INDU). The notes pay a Contingent Interest Rate of 2.25% per quarter (≈9.00% per annum) when coupon barriers are met and may be automatically redeemed if all three reference assets are at or above their Call Levels on an Observation Date. If not auto‑redeemed, maturity payoff depends on the Percentage Change of the least performing reference asset; a Trigger Event occurs if that Final Level is below 65.00% of its Initial Level, producing a reduced cash payment at maturity. The estimated initial value was $978.47 per $1,000 on the Pricing Date.

Rhea-AI Summary

Bank of Montreal priced US$8,877,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to Intuit Inc. common stock. The notes mature April 20, 2029, have an Initial Level of $389.72, a quarterly Contingent Interest Rate of 3.375% (each contingent coupon = $33.75 per $1,000), and a Coupon Barrier/Trigger Level equal to $194.86 (50.00% of the Initial Level). The public offering price is 100% (principal amount $1,000 per note); estimated initial value on the pricing date is $946.32 per $1,000. The notes pay contingent quarterly coupons subject to observation-date barriers, can be automatically redeemed if the Reference Asset meets the Call Level on an Observation Date, and repay at maturity in cash based on the Final Level; if the Final Level is below the Trigger Level, principal repayment is reduced by the Percentage Change.

Rhea-AI Summary

Bank of Montreal priced US$2,487,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to Sysco Corporation common stock.

The notes pay a contingent coupon of 2.50% per quarter (approximately 10.00% per annum) when the reference stock is at or above a coupon barrier of $51.86 (70.00% of the Initial Level). The notes are callable on observation dates beginning October 15, 2026 and mature on April 20, 2029. If a Trigger Event occurs (Final Level below $51.86 on the Valuation Date), principal repayment at maturity is reduced pro rata by the percentage decline in the Reference Asset.

The estimated initial value at pricing was $973.26 per $1,000 principal; the public offering price was 100% (some fee-based accounts may have received a lower reoffer).

Rhea-AI Summary

Bank of Montreal offers $12,215,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the least performing of Microsoft (MSFT) and Oracle (ORCL). Pricing Date is April 15, 2026, Settlement Date April 20, 2026, Valuation Date April 17, 2029, Maturity Date April 20, 2029. The notes pay contingent quarterly coupons at a 4.50% rate (approximately 18.00% per annum) equal to $45.00 per $1,000 when each reference asset closes at or above its coupon barrier on an Observation Date and include a Memory Coupon feature.

If not auto-redeemed, principal at maturity depends on the least performing reference asset: investors receive $1,000 plus the percentage change of the least performing asset; a Trigger Event occurs if a Final Level is below 50% of Initial Level, which can materially reduce principal. The estimated initial value on the Pricing Date was $972.71 per $1,000.

Rhea-AI Summary

Bank of Montreal is offering US$1,300,000 in Senior Medium-Term Notes, Series K, autocallable barrier notes with memory coupons linked to the least performing of Amazon.com, Inc. (AMZN) and CrowdStrike Holdings, Inc. (CRWD), maturing April 20, 2029.

Key economics: pricing date April 15, 2026, settlement April 20, 2026, valuation date April 17, 2029. Contingent coupons pay 3.9375% per quarter (≈15.75% per annum) ($39.375 per $1,000) when each reference asset is at or above its coupon barrier (50% of initial level). Autocall begins April 15, 2027 if both assets close at or above their Call Level (100% of initial). At maturity, if a Trigger Event (final level of any reference asset < its Trigger Level, 50% of initial) occurs, investors receive $1,000 × (1 + Percentage Change of the least performing asset), which can be less than principal or zero. Estimated initial value on the pricing date: $979.33 per $1,000. The notes are unsecured, cash-settled, and include risks described in the risk sections referenced herein.

Rhea-AI Summary

Bank of Montreal priced US$1,755,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of Amazon.com, Inc. (AMZN) and CrowdStrike Holdings, Inc. (CRWD).

The notes pay contingent quarterly coupons of 3.5625% per quarter (approximately 14.25% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier Level (50% of the Initial Level). The notes are callable beginning on April 15, 2027 if both reference assets are at or above their Call Levels (100% of Initial Level) on an Observation Date; automatic redemption returns principal plus any due Contingent Coupons. At maturity on April 20, 2029, if a Trigger Event has occurred (the Final Level of any Reference Asset is below its Trigger Level at 50% of Initial Level), the payment is $1,000 + $1,000 x Percentage Change of the least performing asset, which may result in principal loss. The estimated initial value on the Pricing Date was $957.19 per $1,000 principal; the public offering price was 100% and proceeds to the issuer approximately 98% after a 2.00% agent commission.

Rhea-AI Summary

Bank of Montreal offers principal‑linked notes tied to the S&P 500® Index with a stated maturity of April 19, 2028 (determination date April 17, 2028, subject to postponement). Each note has a $1,000 principal amount and pays on maturity a cash settlement that depends on the index return from the strike date (April 15, 2026) to the determination date.

The terms include a 125% upside participation rate capped at a $1,216.00 maximum settlement per $1,000, a 15.00% downside buffer (85.00% buffer level) and a negative payoff below that buffer where holders lose approximately 1.1765% of principal for each 1% the final index level is below the buffer level. The issuer and calculation agent is BMO Capital Markets Corp.