Every 424B that Canadian Imperial Bank of Commerce (CM) 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 CM 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 CM filings page.
Canadian Imperial Bank of Commerce offers Accelerated Return Notes ("ARNs") linked to one or more equity securities or ADRs. ARNs are unsecured senior notes with no periodic interest; typical unit principal is $10. Returns depend on the Market Measure’s performance from a Starting Value to an Ending Value, with a Participation Rate of 300% (unless otherwise set in the term sheet) and a contractual Capped Value (set on the pricing date). ARNs expose holders to full 1-to-1 downside in the Market Measure and are subject to the issuer’s credit risk. BofA Securities is expected to serve as calculation agent and agent for distribution. ARNs may be linked to a single Underlying Stock or a Basket (Starting Value for a Basket = 100); anti-dilution, market-disruption, tax-redemption, and other adjustments are governed by the calculation agent’s formulas. Tax treatment is uncertain under U.S. federal law; Canadian tax changes may permit early redemption.
Canadian Imperial Bank of Commerce (CIBC) provides a product supplement dated June 4, 2026 describing terms for Senior Global Medium-Term Notes linked to equity Market Measures (indices, ETFs, common stock or ADSs). The notes are U.S. dollar senior unsecured obligations of CIBC, repayable at maturity subject to issuer credit risk, and may provide a variable maturity payment tied to the performance of one or more Market Measures as specified in an applicable pricing supplement.
The supplement explains key mechanics: calculation days and Closing Value conventions, the role and powers of the calculation agent (initially CIBC), Market Disruption Event definitions and postponement procedures (including the concept of a final disrupted calculation day), anti-dilution and reorganization adjustments (Adjustment Factor rules), book-entry DTC settlement, rounding rules, and that the notes will not be exchange-listed. Specific issuance terms (principal, pricing date, coupon, maturity, Market Measure selection) will appear in separate pricing supplements.
Canadian Imperial Bank of Commerce (CIBC) files a product supplement that governs offerings of principal-at-risk Senior Global Medium-Term Notes linked to indices, exchange-traded funds or equity securities. The supplement describes general terms, calculation mechanics, market disruption rules, adjustment and substitution procedures, tax references and credit risk.
The supplement emphasizes that payments depend on Market Measure performance, that the securities are unsecured senior debt payable in U.S. dollars, and that the specific terms (face amount, pricing date, calculation days, coupons, and maturity payment mechanics) will be set in each applicable pricing supplement.
Canadian Imperial Bank of Commerce (CIBC) supplements its prospectus to describe senior unsecured notes linked to one or more exchange-traded funds (Funds). The supplement (Registration No. 333-294072) dated June 4, 2026 explains that payments depend on the Reference Asset’s Closing Price on designated Valuation Dates, are subject to CIBC credit risk, and may result in loss of principal. Terms such as postponement for Market Disruption Events, limited anti-dilution adjustments, possible physical delivery of Fund shares, and discretionary hedging/market-making by the bank are described. The notes will be U.S. dollar denominated, typically not listed, and holders have no ownership or voting rights in the Funds. Potential purchasers are directed to the applicable pricing supplement, this underlying supplement, and accompanying prospectus materials for specific terms and risks.
Canadian Imperial Bank of Commerce filed a Stock-Linked Underlying Supplement dated June 4, 2026 describing terms and risks for senior unsecured notes linked to one or more equity securities or ADRs (the “Reference Asset”). The supplement explains structure risks, credit exposure to CIBC, limited liquidity, the Bank’s initial estimated value methodology, anti-dilution rules, Market Disruption Event mechanics and potential physical delivery or cash settlement.
The calculation agent (expected to be the Bank) has broad discretion over Valuation Dates, Market Disruption Event determinations, anti-dilution adjustments and substitutions; certain postponements can extend payment or maturity dates by specified Business Days. The supplement emphasizes purchasers may lose some or all principal and that secondary-market liquidity is unlikely.
Canadian Imperial Bank of Commerce published an Equity Index Underlying Supplement describing terms and risks for senior unsecured notes linked to one or more equity indices. The supplement (dated June 4, 2026) explains structure risks, credit exposure to CIBC, valuation and liquidity constraints, hedging practices and index‑specific risks for selected indices.
The document lists indices that may underlie future issuances (including the Dow Jones Industrial Average, EURO STOXX 50, FTSE 100, Hang Seng, MSCI family and others), warns that notes are unsecured and not FDIC/CDIC insured, and states that payments depend on CIBC creditworthiness and on values observed on specified Valuation Dates.
Canadian Imperial Bank of Commerce (CIBC) filed a prospectus supplement dated June 4, 2026 for a US$20,000,000,000 aggregate initial offering of senior global medium-term notes to be issued under its indenture. The supplement describes a continuous note program with varied structures — fixed, floating, indexed, original-issue-discount and currency‑denominated notes — and states that specific terms for each series will be provided in individual pricing supplements. The document highlights key investor risks including credit risk, potential lack of market liquidity, FATCA withholding, benchmark transition risks (EURIBOR, SOFR), currency‑exchange risks for non‑U.S. dollar notes and the possibility that certain notes may be bail-inable and converted into common shares under Canadian bank resolution powers. The supplement also notes minimum denominations of $1,000, references the Bank’s fiscal year ended October 31, 2025, and explains redemption, repayment and calculation-agent mechanics that will be specified in pricing supplements.
Canadian Imperial Bank of Commerce (CIBC) filed a prospectus dated June 4, 2026 registering senior debt securities with an aggregate initial offering price of up to U.S. $20,000,000,000. The prospectus is a shelf-style disclosure; specific terms, prices and distribution arrangements will be provided in prospectus supplements.
The senior debt securities are unsecured, rank equally with other unsubordinated obligations and may include series that are bail-inable debt securities subject to conversion under the Canada Deposit Insurance Corporation Act. The prospectus states net proceeds will be added to general funds for general corporate purposes unless a supplement specifies otherwise.
Canadian Imperial Bank of Commerce (CIBC) is offering Fixed Interest Autocallable Buffered Notes linked to the S&P 500® Index with an aggregate principal amount of $26,492,000. Each note has a $1,000 principal amount, pays semi-annual fixed interest of $31.90 ($1,000 basis, 6.38% per annum) and matures on May 31, 2030 unless automatically called. Notes are automatically called if the Index on a semi-annual Call Observation Date is at or above the Initial Level; if not called, principal at maturity depends on the Final Level relative to the Buffer Level (80% of Initial Level). If the Final Level is below the Buffer Level, losses accrue at a 1.25% rate per 1.00% decline beyond the 20% buffer with a 125% downside leverage factor. The notes are unsecured, unlisted, and subject to CIBC credit risk. The Bank’s initial estimated value was $993.30 per $1,000; the public price is $1,000.00 per note.
Canadian Imperial Bank of Commerce priced a U.S. dollar offering of Market Linked Securities—Senior Global Medium-Term Notes linked to the lowest performing of the S&P 500, Russell 2000 and Nasdaq-100. The original offering price was $1,000 per security and the total original offering size was $12,735,000.
The securities pay quarterly Contingent Coupon Payments at a 9.25% per annum contingent rate if the Lowest Performing Index on each Coupon Determination Date is at or above its Coupon Threshold Level (70% of the Starting Level). The securities are auto-callable on quarterly Call Observation Dates beginning approximately six months after issue; if called, holders receive face amount plus a final contingent coupon. If not called, maturity is May 30, 2030, and principal protection applies only if the Lowest Performing Index on the Final Calculation Day is at or above its Downside Threshold Level (70% of Starting Level); otherwise holders suffer a proportional loss of principal.
Canadian Imperial Bank of Commerce is offering Capped Trigger PLUS securities linked to the S&P 500® Index with an aggregate principal amount of $7,092,000. Each note has a $1,000 Stated Principal Amount, Pricing Date May 29, 2026, Original Issue Date June 3, 2026, and Maturity Date June 3, 2032.
Payments at maturity depend on the Index: investors receive leveraged upside up to a $1,850.00 cap (Maximum Payment) when the Final Index Value exceeds the Initial Index Value; they receive the Stated Principal Amount if the Final Index Value is at or above the Trigger Level (85.00% of the Initial Index Value); if the Final Index Value is below the Trigger Level, investors lose principal proportionately (1.00% loss per 1.00% index decline), potentially losing the entire investment. The Leverage Factor is 127.10%. The notes pay no interest, are unsecured senior debt, are not insured deposits, and are subject to CIBC credit risk. The Bank’s initial estimated value was $949.20 per note, below the price to public of $1,000.00, and selling compensation is disclosed.
Canadian Imperial Bank of Commerce (CIBC) is offering $12,538,000 of contingent income auto-callable securities due June 1, 2029 linked to the common stock of Bank of America Corporation (BAC). Each security has a $1,000 stated principal amount and was priced at $1,000 on the Pricing Date of May 29, 2026.
The notes pay a Contingent Quarterly Coupon at an annual rate of 10.44% (corresponding to $26.10 per quarter) only for any Determination Date on which the Closing Price of BAC is at least 70.00% of the Initial Share Price (the Downside Threshold Price, set at $36.12). If on any of the first eleven Determination Dates the Closing Price is at or above the Initial Share Price ($51.60), the securities auto-redeem for principal plus the applicable coupon. If not redeemed and the Final Share Price is below the Downside Threshold Price, holders are exposed 1:1 to the decline and could receive less than 70.00% of principal at maturity, possibly zero. Payments are unsecured and subject to CIBC credit risk.
Canadian Imperial Bank of Commerce is offering 5.00% Callable Senior Global Medium-Term Notes due June 18, 2031. The Notes accrue interest at 5.00% per annum, payable semi-annually on June 18 and December 18, starting December 18, 2026. The issuer may redeem the Notes in whole on annual optional redemption dates beginning June 18, 2028 and ending June 18, 2030, at a redemption price equal to 100% of principal plus accrued interest. The Notes are senior, unsecured and bail-inable under the Canada Deposit Insurance Corporation Act; they may be converted into common shares of the Bank under that regime. Notes will be issued in minimum denominations of $1,000 in book-entry form through DTC on or about June 18, 2026. The underwriting commission may be up to $12.50 per $1,000 principal amount; proceeds per note are stated as at least $987.50.
Canadian Imperial Bank of Commerce priced a new issuance of senior global medium-term, market-linked notes (auto-callable, contingent coupon) linked to the lowest performing of the S&P 500, the Russell 2000 and the EURO STOXX 50, with an original offering price of $1,000 per security and an aggregate original offering amount of $3,844,000. The securities pay a quarterly Contingent Coupon at a rate of 9.10% per annum only if the Lowest Performing Index on each Coupon Determination Date is at or above 70% of its Starting Level; otherwise no coupon is paid for that quarter. The notes are automatically called if the Lowest Performing Index meets or exceeds its Starting Level on any Call Observation Date between November 2026 and February 2030, in which case holders receive the face amount plus a final Contingent Coupon. If not called, maturity outcomes depend on the Lowest Performing Index on the Final Calculation Day: holders receive the face amount if that Index is at or above 70% of its Starting Level, but will suffer losses greater than 30% (up to the full face amount) if it is below 70%. The bank's estimated value at pricing was $960.70 per security, below the offering price; all payments are subject to CIBC's credit risk.
Canadian Imperial Bank of Commerce is offering Fixed Interest Autocallable Buffered Notes linked to the S&P 500® Index with an aggregate principal amount of $26,492,000. Each note has a $1,000 principal and pays semi-annual fixed interest of $31.90 (3.19% per payment, 6.38% per annum) until maturity or an automatic call.
If on any semi-annual Call Observation Date the Index is at or above the Initial Level, the notes will be automatically called and holders receive principal plus the applicable Interest Payment. If not called, principal repayment at maturity depends on the Final Level versus the Buffer Level (80% of Initial Level); losses apply on a 1.25-to-1 basis for decline beyond the 20% buffer. The notes are unsecured obligations of the Bank, not FDIC- or CDIC-insured, and are not listed.
Canadian Imperial Bank of Commerce (CIBC) priced Market Linked Securities—auto-callable senior notes linked to the common stock of Lululemon athletica inc. The notes have a face amount of $1,000 per security, an issue date of May 29, 2026, and a stated maturity of June 1, 2027 (subject to postponement).
The Contingent Coupon Rate is 20.64% per annum (paid monthly if the stock meets the Coupon Threshold), the Starting Price was $127.35, and the Coupon and Downside Threshold Price equals $89.145 (70.00% of the Starting Price). Estimated value on the Pricing Date was $973.20 versus the original offering price of $1,000.
Canadian Imperial Bank of Commerce issues $975,000 aggregate Contingent Coupon (with Memory) Barrier Notes linked to the worst performing of AMD, ServiceNow and Palantir. Each note has a $1,000 principal amount and pays a monthly contingent coupon of $18.59 per note (1.859% per month, 22.308% per annum) only if the worst performing Reference Stock is at or above a coupon barrier equal to 50% of its Initial Price on each Coupon Determination Date. At maturity on May 23, 2029, if the Final Price of the Worst Performing Reference Stock is below its Principal Barrier Price (50% of Initial Price), principal will be reduced pro rata by the Percentage Change of that Worst Performing Reference Stock; if at or above the Principal Barrier Price, you receive principal plus the final contingent coupon. The notes are unsecured senior debt of the Bank, not deposit insured, not listed, and subject to the Bank’s credit risk and the specific payment mechanics and valuation procedures set out in the pricing supplement.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,000,000 aggregate principal amount of 5.125% Callable Senior Global Medium‑Term Notes due November 29, 2033. The Notes pay interest semi‑annually on May 29 and November 29, commence November 29, 2026, accrue at 5.125% per annum, and are issued in $1,000 denominations.
The Notes are senior, unsecured obligations, not deposit insured, not listed, and are bail‑inable under subsection 39.2(2.3) of the CDIC Act (conversion to common shares may occur under Canadian bank resolution powers). The issuer may redeem the Notes annually on each May 29 from 2028 through 2033 at 100% plus accrued interest. Original issue price is $1,000.00 per Note; underwriting discount $9.00 per Note, proceeds to CIBC $991.00 per Note. Delivery in book‑entry through DTC on May 29, 2026.
Canadian Imperial Bank of Commerce is offering $1,100,000 aggregate principal amount of 5.00% Callable Senior Global Medium-Term Notes due May 29, 2031. The Notes pay 5.00% interest semi‑annually beginning November 29, 2026, are callable annually on May 29 from 2027 through 2030, and will be delivered in book-entry form on May 29, 2026.
The Notes are senior, unsecured obligations of CIBC, are bail-inable under the Canada Deposit Insurance Corporation Act and are not listed on any exchange. Original issue price per Note is $1,000.00 with proceeds to CIBC per Note of $994.50 after a $5.50 underwriting discount.
Canadian Imperial Bank of Commerce is offering $1,000,000 aggregate principal amount of 4.50% Callable Senior Global Medium-Term Notes due May 30, 2028. The Notes pay interest semi-annually on May 29 and November 29, commence November 29, 2026, and accrue at 4.50% per annum. The Bank may redeem the Notes in full on May 29, 2027 at 100% of principal plus accrued interest. Notes are senior unsecured, not insured by deposit insurance, not listed, and are bail-inable under the Canada Deposit Insurance Corporation Act, potentially convertible into common shares under that regime.
Canadian Imperial Bank of Commerce is offering $1,426,000 aggregate principal amount of 5.00% Callable Senior Global Medium-Term Notes due May 28, 2032. Interest accrues at 5.00% per annum, paid semi‑annually on May 28 and November 28, beginning November 28, 2026. The Bank may redeem the Notes in whole (not in part) annually on the May 28 Interest Payment Date beginning May 28, 2028 and ending May 28, 2031, at a redemption price equal to 100% of principal plus accrued interest to, but excluding, the redemption date. The Notes are senior, unsecured obligations, are not listed on any exchange and are bail‑inable under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares under the CDIC bail‑in regime. The Notes will be issued in minimum denominations of $1,000 and delivered in book‑entry form through DTC on May 28, 2026.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,000,000 aggregate principal amount of 4.55% Callable Senior Global Medium-Term Notes due May 29, 2029. Interest accrues at 4.55% per annum, paid semi-annually on May 29 and November 29, commencing November 29, 2026. The Notes are redeemable in whole (not in part) on May 29, 2028 at a redemption price of 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, not insured by deposit insurance, and are bail-inable under the CDIC Act, meaning they are subject to possible conversion into common shares under Canadian bank resolution powers. Original issue price is $1,000.00 per Note with an underwriting discount of $4.00, leaving proceeds to CIBC of $996.00 per Note. Delivery in book-entry form through DTC is scheduled for May 29, 2026.
Canadian Imperial Bank of Commerce (CIBC) is offering $12,552,000 of Contingent Income Auto-Callable Securities due May 25, 2029 linked to the common stock of Amazon.com, Inc. Each note has a Stated Principal Amount of $1,000 and an annual Contingent Quarterly Coupon of 10.80% (corresponding to $27.00 per quarter) payable only if the Determination Closing Price or Final Share Price is at or above the Downside Threshold Price of $173.108 (which is 65.00% of the Initial Share Price of $266.32, the Closing Price on the Pricing Date). The notes may be automatically redeemed early if the Underlying Stock closes at or above the Initial Share Price on any of the first eleven Determination Dates; if not redeemed, investors face full downside exposure at maturity on a 1-to-1 basis below the Downside Threshold and could lose their entire principal. The Bank’s initial estimated value on the Pricing Date was $972.50 per security, below the public offering price, reflecting selling and structuring costs.
Canadian Imperial Bank of Commerce (CIBC) is offering 773,900 units of Capped Market Index Target-Term Securities® linked to the Vanguard® Information Technology ETF, with a $10.00 principal amount per unit and scheduled maturity on May 30, 2031. Each unit carries a Minimum Redemption Amount of $9.00, 100% participation in increases in the Underlying Fund subject to a Capped Value of $15.55 (a 55.50% capped return), and full downside exposure to declines in the Underlying Fund (subject to the minimum). The public offering price is $10.00 per unit ($7,739,000.00 aggregate); CIBC received proceeds of $9.75 per unit after an underwriting discount of $0.25 and a disclosed hedging-related charge of $0.05 per unit. The initial estimated value on the pricing date was $9.369 per unit. Payments (if any) occur at maturity and are subject to CIBC credit risk; there is limited secondary market liquidity.
Canadian Imperial Bank of Commerce (CIBC) is offering Contingent Income Auto-Callable Securities with Memory Coupon due May 25, 2029, linked to the common stock of Citigroup Inc., with an aggregate principal amount of $15,348,000. The securities pay a contingent quarterly coupon at an annual rate of 10.72% (corresponding to $26.80 per quarter per $1,000 security) only when the Closing Price on a Determination Date is at or above the Downside Threshold Price of $81.3085 (which is 65.00% of the Initial Share Price of $125.09 set on the Pricing Date). If any of the first eleven Determination Dates has a Closing Price at or above the Initial Share Price, the notes auto‑redeem early for principal plus the applicable coupon; if not redeemed and the Final Share Price is below the Downside Threshold Price, investors bear a 1:1 loss in share performance and could lose their entire principal.
Canadian Imperial Bank of Commerce priced $7,045,010 in Trigger Autocallable Notes linked to the Nasdaq-100 Index due May 28, 2031. The Notes have a $10 principal per Note, a 9.30% per annum Call Return Rate, automatic quarterly call observations beginning June 2, 2027, and a Downside Threshold equal to 75.00% of the Initial Level.
The Notes pay no interest, repay principal at maturity only if the Final Level is at or above the Downside Threshold, and expose holders to CIBC credit risk and full downside in the Underlying below the threshold. The issuer’s initial estimated value was $9.69 per $10.00 Note; price to public was $10.00 per Note.
Canadian Imperial Bank of Commerce issued Senior Global Medium-Term Notes linked to the worst performing of AMD, ServiceNow and Palantir. The pricing supplement sets an aggregate principal amount of $975,000 and a $1,000 principal amount per note, with monthly contingent coupon payments of $18.59 per $1,000 (1.859% per month, equivalent to 22.308% per annum) payable only if the worst performing reference stock closes at or above its 50% Coupon Barrier on each Coupon Determination Date.
The notes mature on May 23, 2029. At maturity, if the Final Price of the worst performing reference stock is below its 50% Principal Barrier, principal is reduced pro rata by the percentage decline in that stock; investors may lose up to 100% of principal. The Bank estimated the initial value at $874.60 per $1,000, below the public issue price of $1,000.
Canadian Imperial Bank of Commerce (CIBC) priced market-linked, senior medium-term notes linked to the common stock of Lululemon athletica inc. The securities have a face amount of $1,000 per security, an estimated value of $949.20 per security, and an original offering price of $1,000. They pay monthly Contingent Coupon Payments (with memory) at a Contingent Coupon Rate to be set on the Pricing Date (stated to be at least 20.64% per annum) only if the Underlying Stock closing price on each Coupon Determination Date is >= the Coupon Threshold Price (equal to 70% of the Starting Price). The securities are auto-callable if the Underlying Stock closing price on any Call Observation Date from November 2026 through April 2027 is >= the Starting Price. If not called, maturity depends on the Ending Price versus the Downside Threshold Price (also 70% of the Starting Price): if the Ending Price is below that threshold, holders bear full downside from the Starting Price and may lose over 30%, possibly all, of the face amount. Issue Date is expected May 29, 2026, Final Calculation Day May 26, 2027, and Stated Maturity Date June 1, 2027. All payments are subject to CIBC credit risk and there is no exchange listing.
Canadian Imperial Bank of Commerce is offering senior global medium-term, market-linked notes—auto-callable with a contingent coupon and memory feature—linked to lululemon athletica inc. stock with a face amount of $1,000 per security. The Pricing Date is May 26, 2026, Issue Date May 29, 2026, Final Calculation Day May 26, 2027 and Stated Maturity Date June 1, 2027.
The securities pay monthly Contingent Coupon Payments at a Contingent Coupon Rate to be set on the Pricing Date (stated to be at least 20.64% per annum) only if the Underlying Stock’s closing price on each Coupon Determination Date is ≥ the Coupon Threshold Price (70% of the Starting Price). They are automatically called if a Call Observation Date closing price is ≥ the Starting Price. If not called, principal at maturity depends on the Ending Price relative to the Downside Threshold (70% of the Starting Price) and investors can lose more than 30%, possibly all, of the face amount. All payments are subject to CIBC credit risk; CUSIP 13609FKJ2.
Canadian Imperial Bank of Commerce (CIBC) priced a contingent income auto-callable note linked to the common stock of Bank of America Corporation. Each security has a $1,000 stated principal, a Pricing Date of May 29, 2026, Original Issue Date June 3, 2026, and matures on June 1, 2029. The notes pay a Contingent Quarterly Coupon that corresponds to an annual rate of at least 10.44% when the Underlying Stock closes at or above 70.00% of the Initial Share Price on each Determination Date. The notes are automatically redeemed early if the Underlying Stock closes at or above the Initial Share Price on any of the first eleven Determination Dates. If not redeemed and the Final Share Price is below the 70.00% Downside Threshold, investors suffer principal loss on a 1-to-1 basis; payments could be less than 70% of principal and could be zero. Payments depend on CIBC’s creditworthiness and the notes do not confer ownership of Bank of America shares.
Canadian Imperial Bank of Commerce (CIBC) is offering $2,352,000 aggregate principal amount of 4.80% Callable Senior Global Medium-Term Notes due May 5, 2031. The Notes pay interest annually at 4.80%, are redeemable at the issuer's option on annual Interest Payment Dates beginning May 20, 2027, and are unsecured senior obligations of CIBC. The Notes are bail-inable under the CDIC Act and may be converted into common shares of CIBC pursuant to Canadian bank resolution powers. Original issue price is $1,000.00 per Note; proceeds to CIBC total $2,328,480.00. Delivery in book-entry through DTC is scheduled for May 20, 2026.
Canadian Imperial Bank of Commerce (CM) is offering $6,297,000 of Buffered PLUS securities linked to the S&P 500® Index due December 5, 2028. Each Buffered PLUS has a $1,000 stated principal amount, provides 200.00% leveraged upside up to a $1,234.10 cap, and a 10.00% downside buffer. If the index declines beyond the 10.00% buffer, investors lose 1.00% for each 1.00% decline subject to a minimum payment of $100.00 (10.00% of principal). The securities pay no interest, are unsecured senior debt of CIBC, and are subject to CIBC credit risk, limited secondary market activity, and uncertain tax treatment.
Canadian Imperial Bank of Commerce is offering Trigger Autocallable Notes linked to the Nasdaq-100 Index with a principal amount of $10 per Note sold at a public price of $10.00 and an underwriting discount of $0.25 per Note.
The Notes have a Trade Date of May 22, 2026, Settlement Date of May 28, 2026, a final valuation on May 22, 2031 and a maturity on May 28, 2031. Call Return Rates will be set on the Trade Date in the range 9.00% to 9.70% per annum, and the Downside Threshold is 75.00% of the Initial Level.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,615,000 aggregate principal amount of 4.45% Callable Senior Global Medium-Term Notes due May 4, 2029. The Notes will be issued May 20, 2026, accrue interest at 4.45% per annum, and pay interest annually on May 20 beginning May 20, 2027.
The Notes are senior unsecured obligations, callable annually on each May 20 beginning May 20, 2027 through May 20, 2028 at 100% of principal plus accrued interest. The offering price is $1,000 per Note; underwriting discount is $6.00 per $1,000 and net proceeds to CIBC are $994.00 per Note (total proceeds $1,605,310).
The Notes are bail-inable debt securities and subject to potential conversion into common shares under the CDIC Act. They will not be listed on any exchange and are subject to CIBC credit risk and applicable withholding taxes.
The Canadian Imperial Bank of Commerce (CIBC) is offering 1,399,784 units of Autocallable Strategic Accelerated Redemption Securities® linked to the Russell 2000® Index, each with a $10.00 principal amount. The notes mature May 25, 2029, can be automatically called on observation dates, and pay a specified Call Amount of $11.31, $12.62 or $13.93 per unit if called on the first, second or final Observation Date respectively. If not called, repayment at maturity depends on the Index ending level and can result in loss of up to 100% of principal. The public offering price is $10.00 per unit, the initial estimated value on the pricing date was $9.728 per unit, and all payments are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce (CIBC) is offering 526,518 Autocallable Market-Linked Step Up Notes linked to the Nasdaq-100 Index (NDX), $10 principal amount per unit, priced May 14, 2026, settling May 21, 2026, maturing May 26, 2028. The notes pay no periodic interest and are unsecured senior debt subject to CIBC credit risk.
The notes will be automatically called on the Observation Date (May 21, 2027) if the Observation Level is at least the Call Level (100% of the Starting Value); called notes pay $10 plus a Call Premium of $1.468 (Call Amount $11.468). If not called, at maturity holders receive a Step Up Payment of $2.00 per unit if the Ending Value is at or above the Starting Value but at or below the Step Up Value (35,496.36). Above the Step Up Value holders participate 1-for-1 in upside; below the Starting Value holders have 1-to-1 downside exposure (up to 100% loss). The public offering price is $10.00 per unit, the initial estimated value at pricing was $9.71, underwriting discount $0.175, hedging-related charge $0.05, and net proceeds to CIBC were $5,173,039.35.
Canadian Imperial Bank of Commerce is issuing 1,128,852 Autocallable Strategic Accelerated Redemption Securities® (the “notes”) totaling $11,288,520, due May 28, 2032, linked to the S&P 500® Index. The notes pay no periodic interest, include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit, and are automatically callable on specified annual Observation Dates if the Index closes at or above the Starting Value. If not called, principal repayment depends on the Ending Value versus a Threshold Value equal to 85.00% of the Starting Value (Threshold Value: 6,376.05). The initial estimated value on the pricing date was $9.735 per unit, below the $10.00 public offering price; all payments are subject to CIBC credit risk and limited secondary market liquidity.
Canadian Imperial Bank of Commerce (CIBC) is offering 1,913,934 units of Autocallable Strategic Accelerated Redemption Securities® linked to the S&P 500® Index at a public offering price of $10.00 per unit (total $19,139,340.00). The notes have a pricing date of May 14, 2026, a settlement date of May 21, 2026, and a final maturity of May 28, 2032 if not called earlier. The notes pay no periodic interest and are automatically callable on scheduled Observation Dates if the Index closing level is at or above the Starting Value; Call Amounts range from $10.883 to $15.298 per unit depending on the Observation Date. If not called, holders have 1-to-1 downside exposure to the Index and may lose up to 100% of principal; all payments are subject to CIBC credit risk. The initial estimated value on the pricing date was $9.748 per unit, below the public offering price, reflecting underwriting and hedging charges (including a $0.05 hedging-related charge) and CIBC’s internal funding rate.
Canadian Imperial Bank of Commerce (CIBC) is issuing 2,430,716 units of Autocallable Strategic Accelerated Redemption Securities® at $10.00 per unit, for a public offering size of $24,307,160.00. The initial estimated value on the pricing date was $9.616 per unit, below the public offering price.
The notes are unsecured senior debt linked 1:1 to an equally weighted basket of GS, MS, and JPM. They are automatically callable on three Observation Dates (May 21, 2027; May 19, 2028; May 18, 2029) at fixed Call Amounts of $11.665, $13.330, or $14.995 if the Basket’s Observation Level is at or above the Starting Value (100). If not called, investors have 1-to-1 downside exposure to the Basket and may lose up to 100% of principal. All payments are subject to CIBC’s credit risk; the notes have limited secondary-market liquidity and include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit.
Canadian Imperial Bank of Commerce priced an offering of $8,425,000 aggregate principal of Capped Leveraged Buffered S&P 500® Index-Linked Notes with a trade date of May 14, 2026 and expected settlement on May 19, 2026. Each note has a $1,000 principal amount and a stated maturity of August 9, 2028 (determination date August 7, 2028), is unsecured, and pays no interest.
The notes provide 130.00% upside participation in positive S&P 500® returns subject to a cap that limits the maximum cash settlement to $1,335.01 per $1,000 note. A buffer protects losses up to 12.50%; declines beyond that expose investors to principal loss, potentially to zero. The Bank’s internal estimated value per note was $995.10, below the issue price.
Canadian Imperial Bank of Commerce (CIBC) is issuing 2,685,799 units of Autocallable Strategic Accelerated Redemption Securities linked to the S&P 500® Index at $10.00 per unit, representing total public offering proceeds of $26,857,990. The notes pay no periodic interest, include a $0.20 underwriting discount and a $0.05 hedging-related charge, and are subject to CIBC credit risk. The notes are automatically callable on Observation Dates if the Index closing level is at or above the Starting Value of 7,501.24, producing Call Amounts of $10.983, $11.966 or $12.949 depending on which Observation Date triggers the call. If not called, holders face a 1-to-1 downside to the Index with up to 100.00% of principal at risk; the initial estimated value on the pricing date was $9.731 per unit.
Canadian Imperial Bank of Commerce (CIBC) is offering U.S. dollar 5.00% Callable Senior Global Medium-Term Notes due May 29, 2031. The Notes pay semiannual interest beginning November 29, 2026, accrue at 5.00% per annum and are callable annually on the May 29 interest dates from 2027 through 2030 at 100% of principal plus accrued interest. Notes will be issued in minimum denominations of $1,000, are senior unsecured obligations of CIBC, not insured deposits, and are bail-inable under the Canada Deposit Insurance Corporation Act.
Canadian Imperial Bank of Commerce is offering U.S. dollar denominated 4.50% Callable Senior Global Medium-Term Notes due May 30, 2028. The Notes pay semiannual interest, accrue at 4.50% per annum, are issued in minimum denominations of $1,000, and are senior unsecured obligations of CIBC.
The issuer may redeem the Notes in whole on May 29, 2027 at 100% plus accrued interest. The Notes are bail-inable under the CDIC Act and may be converted into common shares under Canadian bank resolution powers. The Notes will not be listed and are subject to CIBC credit and tax risks.
Canadian Imperial Bank of Commerce is offering Contingent Income Auto-Callable Securities with a memory coupon tied to the common stock of Citigroup Inc. The notes have a $1,000 stated principal amount per security, an expected Contingent Quarterly Coupon at an annual rate of at least 10.72% (to be set on the Pricing Date), a Pricing Date of May 22, 2026, an Original Issue Date of May 28, 2026, and a Maturity Date of May 25, 2029.
The securities pay a quarterly coupon only if the Underlying Stock’s Closing Price on each Determination Date is at or above the Downside Threshold Price (65.00% of the Initial Share Price). If the Underlying Stock closes at or above the Initial Share Price on any of the first eleven Determination Dates, the notes will auto-redeem for principal plus the applicable coupon. If not auto-redeemed, a Final Share Price below the Downside Threshold exposes holders to a 1-to-1 loss in the underlying stock price, so the Payment at Maturity could be less than 65% of principal or zero. Payments are unsecured and subject to CIBC credit risk.
Canadian Imperial Bank of Commerce is offering $10,000,000 aggregate principal amount of 4.50% Callable Senior Global Medium-Term Notes due May 18, 2029. The Notes accrue interest at 4.50% per annum, payable semi‑annually on May 18 and November 18, beginning November 18, 2026.
The Notes are unsecured senior obligations, issued in minimum denominations of $1,000 and deliverable in book‑entry form through DTC on May 18, 2026. CIBC may redeem the Notes, in whole but not in part, annually on the Interest Payment Date beginning May 18, 2027 and ending May 18, 2028. The Notes are subject to Canadian bail-in powers under the CDIC Act and may be converted into common shares under that regime.
Canadian Imperial Bank of Commerce (CIBC) is offering Contingent Income Auto-Callable Securities due May 25, 2029 linked to the common stock of Amazon.com, Inc. These principal-at-risk notes have a Stated Principal Amount of $1,000 per security and may pay a Contingent Quarterly Coupon at an annual rate of at least 10.80% (to be set on the Pricing Date). Coupons are paid only for quarterly Determination Dates when the Closing Price of the Underlying Stock is >= 65.00% of the Initial Share Price (the Downside Threshold Price). The notes are automatically redeemed early if the Underlying Stock closes at or above the Initial Share Price on any of the first eleven Determination Dates; otherwise the Payment at Maturity depends on the Final Share Price and may result in a loss of principal on a 1-to-1 basis (potentially down to zero). Payments are subject to CIBC credit risk; the Bank’s initial estimated value is stated between $954.50 and $974.50 per security on the Pricing Date.
Canadian Imperial Bank of Commerce priced a supplemental offering for Capped Trigger Performance Leveraged Upside Principal at Risk Securities (the "Capped Trigger PLUS") linked to the S&P 500® Index due June 3, 2032. Each note has a $1,000 Stated Principal Amount. The notes pay no interest, provide a 127.10% Leverage Factor on upside subject to a $1,850.00 Maximum Payment at Maturity (185.00% of principal), and include a Trigger Level at 85.00% of the Initial Index Value. Pricing Date was May 29, 2026 with Original Issue Date June 3, 2026 and Valuation Date May 28, 2032. Payments are subject to issuer credit risk; if the Final Index Value is below the Trigger Level, investors suffer proportional principal loss and could lose their entire investment.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,000,000 aggregate principal of 5.05% Callable Senior Global Medium-Term Notes due May 15, 2035, issued in minimum denominations of $1,000. The Notes accrue interest at 5.05% per annum, payable semi-annually on May 15 and November 15, commencing November 15, 2026. The Notes are callable, in whole but not in part, annually on May 15 from 2027 through 2034 at a redemption price equal to 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, will not be listed on any exchange, and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act. The offering price per Note is $1,000.00 with an underwriting discount of $12.50, resulting in proceeds to CIBC of $987.50 per Note. Delivery is through DTC on May 15, 2026.
Canadian Imperial Bank of Commerce is offering $1,000,000 aggregate principal amount of 4.50% Callable Senior Global Medium-Term Notes due May 15, 2030. The Notes accrue interest at 4.50% per annum, payable semi‑annually on May 15 and November 15, commencing November 15, 2026. The Bank may redeem the Notes in whole (not in part) annually on the Interest Payment Date beginning May 15, 2027 through May 15, 2029 at a redemption price equal to 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, not insured deposits, not listed on an exchange, and are bail-inable under the Canada Deposit Insurance Corporation Act, including possible conversion into common shares under subsection 39.2(2.3) of the CDIC Act. The Notes will be issued in minimum denominations of $1,000 and delivered in book-entry form through DTC on May 15, 2026.
Canadian Imperial Bank of Commerce is offering Capped Leveraged Buffered S&P 500® Index-Linked Notes with a $1,000 principal amount per note. The notes provide 130% upside participation in positive S&P 500 returns but are capped (cap level expected between 121.71% and 125.53%) and include a 12.50% buffer. If the final index level falls below the buffer level (87.50% of the initial level) the notes incur losses that may be substantial, possibly reducing the payment to zero. The Bank’s estimated value at issuance is expected to be between $975.00 and $995.00 per note. Payments are unsecured obligations of CIBC and subject to the issuer’s credit risk.