Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Uncapped Accelerated Barrier Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100, and Russell 2000, due November 10, 2028 and fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes target an upside leverage factor of at least 2.00 and feature a 70.00% barrier for each index. If every index finishes above its initial value, repayment adds 2.00x the least-performing index return; if any index finishes below its barrier, repayment is reduced one-for-one with the least-performing index return and investors can lose principal. The notes pay no interest and provide no dividends.

The price to public is $1,000 per note in minimum denominations of $1,000. Selling commissions will not exceed $9.50 per $1,000 note. If priced today, the estimated value would be approximately $976.60 per $1,000 note, and when set will not be less than $900.00. Expected key dates: pricing on or about November 7, 2025; settlement on or about November 13, 2025; observation on November 7, 2028; maturity on November 10, 2028.

JPMorgan Chase Financial Company LLC launched a preliminary pricing supplement for Review Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq‑100, and Russell 2000, due November 15, 2030, and fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called if, on any Review Date, each index closes at or above its Call Value (100% of Initial Value), paying $1,000 plus a Call Premium Amount of at least 9.60% on the first Review Date, rising in steps to at least 48.00% on the final Review Date. If not called, principal is returned at maturity only if each index’s Final Value is at or above its Barrier Amount (70% of Initial Value); otherwise, repayment is reduced one‑for‑one with the Least Performing Index Return, and investors could lose all principal.

Minimum denomination is $1,000. An estimated value of approximately $935 per $1,000 (not less than $900) is indicated, reflecting selling commissions and hedging costs. The earliest potential call is November 16, 2026. The notes pay no interest and provide no dividends, are unsecured obligations of the issuer, and are subject to the credit risk of both the issuer and guarantor.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Uncapped Accelerated Barrier Notes linked to the least performing of the Dow Jones Industrial Average, Russell 2000, and S&P 500, due November 9, 2028, and fully and unconditionally guaranteed by JPMorgan Chase & Co. This offering is subject to completion.

The notes seek an uncapped upside of at least 1.585x the appreciation of the least performing index if each index finishes above its initial level at maturity. If any index finishes at or below its initial level but all remain at or above 70% of initial (the barrier), investors receive par. If any index closes below the 70% barrier, repayment is reduced 1-for-1 with the least performing index, up to a total loss of principal.

The notes pay no interest or dividends, come in $1,000 minimum denominations, and are expected to price on or about November 5, 2025 and settle on or about November 10, 2025. If priced today, the estimated value would be about $961 per $1,000 and will not be less than $900 per $1,000 at pricing. Selling commissions will not exceed $29.50 per $1,000. The notes will not be listed, and secondary liquidity may be limited. Payments are subject to the credit risk of the issuer and guarantor.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for auto callable accelerated barrier notes linked to the least performing of the Nasdaq‑100, Russell 2000, and S&P 500, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on review dates if each index is at or above its Call Value, with the earliest call on November 17, 2026. Minimum denominations are $1,000, and the estimated value would be approximately $944.80 per $1,000, and will not be less than $900.00 per $1,000 when set.

Key terms include an Upside Leverage Factor of 1.50 at maturity (if not called and all indices finish above initial), a Barrier Amount of 70% of each index’s initial level, and minimum Call Premium Amounts of 12.85% (first review date) and 25.70% (second). The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial, and are expected to price on or about November 13, 2025 and settle on or about November 18, 2025. If any index finishes below its barrier at maturity (and not previously called), investors face losses up to total principal.

JPMorgan Chase Financial Company LLC is offering Review Notes under Rule 424(b)(2) linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on any Review Date if the Index closes at or above the Call Value (100% of the Initial Value), with the earliest call on December 2, 2026. If not called, the notes mature on November 29, 2030. Investors forgo interest and dividends and face downside risk: if the Final Value is below the 50% Barrier, repayment is reduced by the Index loss.

The Index applies a 6.0% per annum daily deduction and a daily notional financing cost to QQQ-based exposure, rebalanced weekly to target 35% implied volatility with exposure between 0% and up to 500%. Minimum Call Premium Amounts are set at least at 28%, 56%, 84%, 112% and 140% of principal across successive Review Dates. Notes are issued in $1,000 denominations at a price to public of $1,000. If priced today, the estimated value would be approximately $929.20 per $1,000, and when set will not be less than $900.00 per $1,000. Payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC plans to issue auto-callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called if the Index closes at or above the Call Value (100% of Initial Value) on a Review Date, with minimum Call Premium Amounts of 29.75%, 59.50% or 89.25% of $1,000 at the first, second and final Review Dates, respectively. The earliest call date is December 2, 2026, and the notes mature on November 30, 2028. If not called, principal is protected only if the Final Value is at or above the Barrier Amount (60% of Initial Value); otherwise, repayment falls one-for-one with the Index decline, which can result in substantial loss.

The Index carries a 6.0% per annum daily deduction, which reduces performance versus a similar index without a deduction. Minimum denomination is $1,000. Indicative economics include an estimated value of approximately $940 per $1,000 (not less than $900) and selling commissions not to exceed $10 per $1,000. The notes pay no interest or dividends and are subject to the credit risk of the issuer and guarantor.

JPMorgan Chase Financial Company LLC plans to issue unsecured notes linked to the lesser performing of the EURO STOXX 50 Index and the iShares MSCI EAFE ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about November 24, 2025, settle on or about November 28, 2025, and mature on May 30, 2028.

These notes pay no interest or dividends. At maturity, investors receive the $1,000 principal plus an Additional Amount equal to the lesser performing underlying’s return times a participation rate of at least 100.00%, but only if both underlyings finish above their initial values. If either finishes at or below its initial value, repayment equals $1,000 plus $1,000 times the lesser performing return, with a minimum of $950 per $1,000. The observation date is May 24, 2028. Minimum denominations are $1,000.

Selling commissions will not exceed $26.25 per $1,000. If priced today, the estimated value would be about $962.80 per $1,000, and when set it will not be less than $900.00 per $1,000. The notes will not be listed and are subject to the credit risk of the issuer and guarantor (CUSIP 48136JVH4).

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., plans a primary offering of Callable Range Accrual Notes linked to the 10‑Year CMT Rate, due November 17, 2045. The notes pay monthly interest and return principal at maturity, and may be redeemed at 100% plus accrued interest on the 17th of each month starting November 17, 2026, with at least 5 Business Days’ notice.

Interest is 8.00% per annum during the Initial Interest Periods through November 17, 2026. Thereafter, interest accrues each day the 10‑Year CMT Rate is at or below an Accrual Trigger of 5.00% (to but excluding November 17, 2035) and 6.00% (to but excluding November 17, 2045), capped at 8.00% and floored at 0.00% per annum. Payments are on the 17th of each month, using 30/360 day count.

If priced today, selling commissions would be about $40.00 per $1,000 note (not to exceed $50.00), and the estimated value would be about $917.10 per $1,000 (not less than $900.00). Net proceeds are for general corporate purposes and related hedging.

JPMorgan Chase Financial Company LLC is offering 7-year auto callable notes linked to the J.P. Morgan Multi-Asset Index (ticker: MAX), with a 100% participation rate and a $1,000 minimum denomination. The notes have annual review dates from November 24, 2025 through a final review on November 24, 2032, and mature on November 30, 2032.

The notes may be automatically called on any review date if the Index is at or above the applicable Call Value, paying $1,000 plus a Call Premium per note; the Call Premium will be provided in the pricing supplement and will be not less than 9.50% per annum, with Call Values not greater than the listed maximums (from 101% to 106% of the Initial Value over time). If not called and held to maturity, holders receive the upside equal to the Index Return × 100% if the Index is higher, or full principal repayment even if the Index declines, in each case subject to the credit risks of the issuer and guarantor.

The Index reflects a dynamic, diversified futures-based strategy across equities, fixed income and commodities, includes a 1.00% per annum daily deduction and targets a 4.0% initial volatility threshold. The estimated value will not be less than $900 per $1,000 note. No interest payments or voting rights apply.