Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering preliminary Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, expected to price on or about November 4, 2025 and settle on or about November 7, 2025. The notes pay a Contingent Interest on each Review Date only if the Index closes at or above 60.00% of the Initial Value (the Interest Barrier). The Contingent Interest Rate is at least 11.20% per annum (2.80% quarterly), with minimum $1,000 denominations.

The notes are automatically called if, on any Review Date other than the first and final, the Index closes at or above the Initial Value; the earliest call date is May 4, 2026. If not called, at maturity on November 7, 2030 you receive principal plus the final interest only if the Final Value is at or above the Trigger Value (60.00% of Initial Value). If the Final Value is below the Trigger Value, repayment is reduced one-for-one with the Index decline, and you can lose more than 40% and up to all principal. The Index includes a 6.0% per annum daily deduction and a notional financing cost on its QQQ-based exposure, which creates a drag versus a similar index without these deductions. Estimated value, if priced today, is about $910.60 per $1,000 (not less than $900 at pricing); selling commissions will not exceed $39 per $1,000. Payments are subject to the credit risk of the issuer and guarantor.

JPMorgan Chase Financial Company LLC plans to issue Medium‑Term Notes, Series A — Digital Buffered Equity Notes due 2028 fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and return depends on an unequally weighted basket: EURO STOXX 50 (38%), TOPIX (26%), FTSE 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%).

At maturity on July 28, 2028 (determination date July 26, 2028), each $1,000 note pays: if the basket is up, principal plus the basket gain, subject to an expected threshold settlement amount of $1,220.20–$1,259.00; if the basket is down ≤ 15%, return of principal; if down > 15%, losses are linear at the ~1.1765x buffer rate. You could lose your entire investment.

Key terms: initial basket level 100; buffer level 85% of initial. Estimated value expected at $973.60–$983.60 per $1,000 at pricing. Original issue price: 100% of principal; underwriting commission: 0%; net proceeds: 100%. Trade date on or about Oct 29, 2025; settlement on or about Nov 3, 2025. No listing or redemption. Payments are subject to the credit risk of the issuer and guarantor.

JPMorgan Chase Financial Company LLC plans a primary offering of unsecured, unsubordinated Callable Contingent Interest Notes linked individually to the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a contingent coupon of at least 11.05% per annum (0.92083% monthly) for any Review Date when each index closes at or above 70.00% of its Initial Value. The issuer may redeem the notes early, in whole, on any Interest Payment Date other than the first, second and final; the earliest possible call date is February 5, 2026. If not called, the notes mature on May 5, 2027. At maturity, if each index’s Final Value is at least its 70.00% Trigger Value, investors receive $1,000 plus the final contingent coupon; otherwise, repayment is reduced by the Least Performing Index Return, which can result in losing more than 30% and up to all principal.

Minimum denomination is $1,000. Estimated value would be approximately $980.50 per $1,000 at pricing (not less than $900.00). Selling commissions will not exceed $7.25 per $1,000.

JPMorgan Chase Financial Company LLC plans a primary offering of Capped Dual Directional Buffered Return Enhanced Notes, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the lesser performer of the S&P 500 Index (SPX) and the Health Care Select Sector SPDR Fund (XLV), with a Maximum Upside Return of 20.00% and an Upside Leverage Factor of at least 1.23. They feature a 20.00% buffer on declines, after which losses match further downside of the lesser-performing underlying. Minimum denomination is $1,000.

The notes are expected to price on October 31, 2025, settle on November 5, 2025, and mature on November 4, 2027, with the observation date on November 1, 2027. They pay no interest or dividends, are unsecured and unsubordinated, and will not be listed, so liquidity may be limited. If priced today, the estimated value would be approximately $983.60 per $1,000 note; the final estimated value will not be less than $900.00 per $1,000. Selling commissions will not exceed $7.00 per $1,000 note. Investors could lose up to 80.00% of principal at maturity.

JPMorgan Chase Financial Company LLC is offering preliminary Auto Callable Contingent Interest Notes linked to the least performing of Axon Enterprise (AXON), Coinbase Global Class A (COIN) and Nebius Group N.V. Class A (NBIS), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target a Contingent Interest Rate of at least 25.75% per annum (paid monthly at least 2.14583%), when on a Review Date the closing price of one share of each reference stock is at or above its 80.00% Interest Barrier.

The notes may be automatically called if, on any applicable Review Date (earliest October 29, 2026), each stock closes at or above its Initial Value; holders then receive $1,000 plus due interest and any unpaid accrued contingent interest. If not called, they mature on November 3, 2027. Principal is protected only by a 30.00% buffer: if any final stock is below its 70.00% Buffer Threshold, repayment is reduced 1:1 beyond the buffer, with up to 70.00% principal loss. Minimum denomination is $1,000; selling commissions are up to $9 per $1,000. The estimated value would be about $920 per $1,000 (not less than $900) at pricing, subject to issuer and guarantor credit risk.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about October 29, 2025 and settle on or about November 3, 2025, in minimum denominations of $1,000.

The notes pay a contingent monthly coupon at a rate of at least 8.45% per annum (≥0.70417% per month) only if each index closes at or above 70.00% of its Initial Value on the applicable Review Date. They are callable at the issuer’s option on specified Interest Payment Dates starting May 4, 2026. If held to maturity on November 2, 2028, investors receive $1,000 plus the final contingent coupon if each index is at or above its 70.00% Trigger; otherwise, principal is reduced one-for-one with the decline of the least performing index, which can result in substantial loss of principal.

The price to public is $1,000 per note; selling commissions will not exceed $29.50 per $1,000 note. The estimated value, if priced today, would be approximately $951.80 per $1,000 note and will not be less than $900.00 per $1,000 note. The notes are unsecured, subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and are not listed, which may limit liquidity.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Review Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on scheduled Review Dates if the Index closes at or above the Call Value (90% of the Initial Value), with minimum Call Premiums starting at 11.80% on the first Review Date and rising to 59.00% by the final Review Date.

The earliest potential call is October 30, 2026, and the notes mature on October 31, 2030. Investors forgo interest and dividends and face downside risk at maturity, buffered only to 15.00%; losses increase one-for-one beyond that level, up to 85.00% of principal. The Index includes a 6.0% per annum daily deduction, and the QQQ exposure reflects a daily notional financing cost, both of which reduce index performance.

Per-note denomination is $1,000. If priced today, the estimated value would be approximately $918.50 per $1,000, and will not be less than $900.00 when set. Payments are subject to the credit risk of both the issuer and guarantor. The notes will not be listed and do not pay interest.

JPMorgan Chase Financial Company LLC launched a preliminary 424(b)(2) for Auto Callable Contingent Interest Notes linked to the lesser performing of the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may pay a contingent coupon of at least 8.25% per annum (2.0625% per quarter) if, on a Review Date, each index is at or above 60% of its Initial Value. They auto-call on any non-final Review Date if each index is at or above its Initial Value, returning $1,000 per note plus the applicable coupon. If not called, at maturity on November 4, 2026, repayment depends on index performance and whether a Trigger Event occurred during the Monitoring Period; investors risk losing some or all principal if the lesser performer finishes below its Initial Value after a Trigger Event.

Minimum denominations are $1,000. Selling commissions will not exceed $7.25 per $1,000 note. If priced today, the estimated value would be approximately $983.60 per $1,000 note, and will not be less than $900.00 per $1,000 when set.

JPMorgan Chase Financial Company LLC announced preliminary terms for auto-callable Review Notes linked to the Dow Jones Industrial Average, Nasdaq-100, and Russell 2000, due November 3, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called on scheduled review dates if each index closes at or above its Call Value (100% of Initial Value), with minimum call premiums of 10.750%, 16.125%, 21.500%, 26.875%, and 32.250% by the final review. If not called, principal is protected only if each index’s final level is at or above the 70% Barrier; otherwise, repayment is reduced 1:1 with the Least Performing Index.

The notes pay no interest or dividends, are offered in $1,000 denominations, and are unsecured obligations of JPMorgan Chase Financial. If priced today, the estimated value would be approximately $942.40 per $1,000, and will not be less than $900.00 per $1,000 when set. Earliest auto-call eligibility is November 4, 2026.