JPMORGAN CHASE & CO SEC Filings

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes due August 21, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the MerQube US Tech+ Vol Advantage Index, which references the Invesco QQQ Fund with a volatility-targeting, leveraged strategy.

Investors may receive a contingent interest rate of at least 12.25% per annum, paid quarterly, only if on a Review Date the Index is at or above 60% of its Initial Value (the Interest Barrier. The notes are automatically called (no later payments) if on any non-first, non-final Review Date the Index is at or above the Initial Value, with the earliest call date on February 18, 2027.

If not called, and at maturity the Index is at or above the Trigger Value of 60% of the Initial Value, investors receive principal plus the final contingent coupon; otherwise they receive $1,000 + ($1,000 × Index Return) and can lose a substantial portion or all of principal. The Index includes a 6.0% per annum daily deduction and a daily notional financing cost, which create a drag on performance. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. An estimated value of $915.30 per $1,000 is indicated, and the final estimated value will not be less than $900.00 per $1,000.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., offers 3-year notes linked to the MerQube US Tech+ Vol Advantage Index, with a minimum denomination of $1,000. The Index is tied to the total return of the Invesco QQQ Trust, reduced by a daily notional financing cost, and includes a 6.0% per annum daily deduction.

The notes can be automatically called quarterly after an initial 6‑month non-call period if the Index level is at least 100% of its initial value, paying $1,000 plus a call premium of at least 9.675% at the first review, rising to at least 58.05% at the final review. If not called and the final Index level is at or above the 60% Barrier Amount, investors receive principal back at maturity on August 30, 2029. If the final level is below the barrier, repayment is $1,000 plus $1,000 times the Index return, so investors can lose more than 40% and up to all principal.

The estimated value at pricing will not be less than $900 per $1,000 note and is expected to be lower than the price to the public. Payments depend on the credit of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and the notes pay no interest, dividends, or voting rights and may have limited secondary market liquidity.

JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering unsecured Autocallable Buffered Equity Notes due August 9, 2028, linked to the TOPIX® Index. Each note has a $1,000 principal amount and pays no interest.

The notes auto-call on August 16, 2027 if TOPIX is at or above its initial level, paying $1,000 plus a call premium of 11.49%–13.48%. If not called, at maturity investors receive $1,000 plus the greater of the TOPIX return or a maturity premium of 22.98%–26.96% if the index is at or above its initial level. There is a 10% downside buffer; below this, losses are amplified by a buffer rate of about 1.1111, and investors can lose their entire investment. Estimated value at issuance is $957.10–$967.10 per $1,000, reflecting selling commissions, hedging costs and issuer margin. The notes are not listed, are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and have complex, uncertain U.S. tax treatment.

JPMORGAN CHASE & CO (through JPMorgan Chase Financial Company LLC) is offering unsecured, unsubordinated structured notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and may be automatically called on scheduled Review Dates starting March 1, 2027 if the Index is at or above 100% of its Initial Value, paying back principal plus a fixed Call Premium.

If not called, at maturity on August 30, 2029 investors receive principal back only if the Final Index Value is at or above a 60% Barrier Amount; otherwise the payoff is $1,000 plus $1,000 × Index Return, exposing holders to loss of more than 40% and potentially all principal. The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost on the QQQ Fund, which drag performance and cause the Index to lag a comparable index without such deductions. The Index uses a 35% target volatility mechanism with exposure to the QQQ Fund ranging from 0% to 500%, introducing leverage and “volatility drag” risks. The indicative estimated value is about $908.40 per $1,000 note (not less than $900), below the issue price due to selling, structuring and hedging costs.

JPMorgan Chase & Co. (JPM) is fully and unconditionally guaranteeing auto callable contingent interest notes issued by JPMorgan Chase Financial Company LLC, linked to the MerQube US Tech+ Vol Advantage Index and maturing on August 21, 2031, in $1,000 minimum denominations. The notes may be automatically called quarterly starting February 18, 2027 if the Index is at or above its Initial Value, in which case investors receive principal plus the applicable contingent interest and no further payments.

The notes pay a contingent interest rate of at least 12.25% per annum (3.0625% per quarter) only for Review Dates when the Index closes at or above 60% of the Initial Value (the Interest Barrier). If the notes are not called and on the final Review Date the Index is below the 60% Trigger Value, repayment equals $1,000 plus $1,000 times the Index return, exposing investors to a significant or total loss of principal. The underlying Index employs up to 500% leverage, targets 35% implied volatility, and is subject to a 6.0% per annum daily deduction and a notional financing cost, which together drag performance and cause the Index to lag a similar index without such charges. The estimated value at pricing is expected to be between $900.00 and $1,000 per $1,000 note (approximately $911.40 on the date shown), and any payment depends on the credit of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase & Co. (JPM), via its wholly owned finance subsidiary JPMorgan Chase Financial Company LLC, is offering $6,780,000 of Medium‑Term Notes, Series A, titled Capped Buffered Enhanced Participation Equity Notes due September 15, 2028, linked to the MSCI EAFE® Index. The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co. and do not pay interest.

Each note has a $1,000 principal amount and an original issue price of 100% with no underwriting commission, so net proceeds to the issuer are 100% of principal. The payoff at maturity depends on index performance from the trade date (August 11, 2026, initial level 3,245.58) to the determination date (September 13, 2028). Investors receive 1.6x upside participation if the index rises, but the return is capped at a maximum settlement amount of $1,294.08 per $1,000, corresponding to a cap level of 118.38% of the initial index level.

If the index falls but remains at or above 85.00% of its initial level (a 15.00% buffer), investors receive full principal back. Below the buffer, losses are magnified: for each 1% decline beyond 15%, the loss is about 1.1765% of principal, so investors can lose their entire investment. The estimated value of the notes at pricing was $992.20 per $1,000, reflecting structuring and hedging costs. The notes will not be listed, are subject to the credit risk of both the issuer and guarantor, and carry complex U.S. tax treatment described as an “open transaction” prepaid financial contract, which the IRS could challenge.

JPMORGAN CHASE & CO (through issuer JPMorgan Chase Financial Company LLC) is offering $6,500,000 of callable fixed rate notes due August 13, 2030, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay fixed interest at 5.15% per annum, calculated on a 30/360 basis and paid annually in arrears on August 13 of each year, beginning in 2027, if the notes remain outstanding. The issuer may redeem the notes in whole on the 13th of February, May, August and November from February 13, 2027 through May 13, 2030 at par plus accrued interest, subject to the stated business day and interest accrual conventions. The price to the public is $1,000 per note, with selling commissions of $2.277 per $1,000 and total proceeds to the issuer of $6,485,200. The notes are unsecured obligations, not bank deposits and not insured by the FDIC, and are expected to be treated as fixed-rate debt for U.S. federal income tax purposes without original issue discount.

JPMorgan Chase & Co. (JPM), via JPMorgan Chase Financial Company LLC, is offering auto callable contingent interest notes due October 1, 2027, linked individually to the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index. The notes pay a monthly Contingent Interest Payment only if on each Interest Review Date the closing level of every Index is at least 75.00% of its Initial Value (the Interest Barrier); otherwise no interest is paid for that month.

On quarterly Autocall Review Dates, if every Index is at or above its Initial Value, the notes are automatically called, returning $1,000 principal plus that period’s contingent interest, with no further payments; the earliest autocall date is March 1, 2027. If the notes are not called, at maturity investors receive $1,000 plus the final contingent interest if every Index is at or above its Trigger Value, also 75.00% of Initial Value. If any Index finishes below its Trigger Value, repayment is reduced proportionally to the Least Performing Index Return, and investors can lose a significant portion or all of principal.

The notes are unsecured and unsubordinated obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. The indicative estimated value is approximately $964.10 per $1,000 note if priced today, and will not be less than $900.00 per $1,000 at issuance, reflecting embedded fees and hedging costs. The contingent interest rate will be at least 7.00% per annum (0.58333% per month), and the notes will not be listed, so liquidity will rely on dealer willingness to transact.

JPMORGAN CHASE & CO (through issuer JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co.) is offering callable structured notes linked to the lesser performance of the Russell 2000® and S&P 500® indices, maturing August 26, 2030, in $1,000 denominations.

The notes can be automatically called on annual Review Dates starting August 25, 2027 if each index is at or above its Call Value (100% of Initial Value), paying back principal plus a Call Premium of at least 10.75%, 21.50%, 32.25% or 43.00% depending on the call year. If not called and both indices finish at or above their Barrier Amounts (70% of Initial Value), investors receive principal only at maturity. If either index ends below its Barrier Amount, payoff is $1,000 + ($1,000 × Lesser Performing Index Return), so investors can lose more than 30% and up to all principal.

The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both the issuer and guarantor, and will not be listed. Indicatively, if priced at the time described, the estimated value would be about $953.20 per $1,000 note and will not be less than $900.00, reflecting embedded fees, hedging costs and an internal funding rate that may reduce secondary-market values.