Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Auto Callable Accelerated Barrier Notes linked to the lesser performing of Intel (INTC) and Uber (UBER), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on November 16, 2026 if each stock is at or above its Call Value (100% of Initial Value), paying $1,000 plus a Call Premium of at least $480 per note.

If not called, at maturity on November 16, 2027 holders receive an uncapped 2.00x return on any gain of the lesser performer, provided both Final Values exceed Initial Values. If either Final Value is at or below its Initial Value but both are at or above the Barrier Amount (50% of Initial Value), principal is returned. If either falls below its Barrier Amount, repayment is reduced one-for-one with the lesser performer’s loss, down to zero.

Denomination is $1,000. Estimated value would be approximately $920 per $1,000 note if priced today and will not be less than $900 when set. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial, and carry the credit risk of both the issuer and guarantor.

JPMorgan Chase Financial Company LLC plans to issue Medium-Term Notes, Series A — Digital Absolute Return Equity Notes due May 11, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the S&P 500 Index and pay no interest.

If the final index level is greater than or equal to the initial level, holders receive a threshold settlement amount expected at $1,061.60–$1,072.20 per $1,000. If the index declines by up to 25.00%, the payoff equals the absolute value of that return. If the decline exceeds 25.00%, principal is lost at a buffer rate of approximately 1.3333, up to total loss. Returns are capped by an expected cap level of 106.16%–107.22% of the initial level.

The estimated value at pricing is expected to be $968.30–$978.30 per $1,000. Underwriting commissions are up to 1.51% of principal. Key dates: trade date on or about November 7, 2025, settlement on or about November 13, 2025, determination date May 7, 2027. The notes will not be listed, have no redemption, and are subject to the credit risks of the issuer and guarantor.

JPMorgan Chase Financial Company LLC (AMJB) filed a preliminary pricing supplement for auto‑callable Review Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be called early if the Index closes at or above the Call Value (100% of the Initial Value) on a Review Date, with the earliest possible call on November 13, 2026.

Call Premium Amounts are at least 18.25% of $1,000 on the first Review Date, rising to at least 91.25% on the final Review Date. A 15.00% Buffer Amount applies at maturity if not called; below the buffer, repayment is reduced dollar‑for‑dollar, up to an 85.00% principal loss. The notes pay no interest and do not provide dividends.

The Index level reflects a 6.0% per annum daily deduction, and QQQ exposure is reduced by a daily notional financing cost, both of which drag performance. Minimum denomination is $1,000. Expected pricing is on or about November 7, 2025 with settlement on or about November 13, 2025. If priced today, the estimated value would be approximately $909.60 per $1,000, and will not be less than $900.00 per $1,000. Selling commissions will not exceed $44.00 per $1,000.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Uncapped Digital Barrier Notes linked to the least performing of the S&P 500, Russell 2000, and Dow Jones Industrial Average, due November 30, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes offer uncapped, unleveraged upside at maturity and a contingent digital return of at least 20.80% if each index finishes at or above its 70.00% barrier. If any index is below its barrier, repayment equals principal plus the least performing index return, meaning losses exceed 30% and can reach 100%.

Denominations are $1,000. Expected pricing is on or about November 26, 2025 with settlement on or about December 2, 2025. Sales to fee‑based advisory accounts forgo commissions. If priced today, the estimated value would be approximately $972.30 per $1,000, and, when set, will not be less than $940.00 per $1,000. The notes pay no interest or dividends, are unsecured, and will not be listed; secondary market liquidity may be limited.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Auto Callable Contingent Interest Notes linked to the Nasdaq-100, Russell 2000, and S&P 500, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a Contingent Interest only if each index is at or above its 70.00% Interest Barrier on a Review Date. The Contingent Interest Rate is at least 8.05% per annum (2.0125% quarterly). The notes may be automatically called if each index is at or above its Initial Value on any Review Date other than the first and final; the earliest potential call is May 6, 2026. If not called, the notes mature on May 11, 2028.

Price to public is $1,000 per note (minimum denominations of $1,000). Selling commissions will not exceed $30 per $1,000 principal amount. If priced today, the estimated value would be ~$950 per $1,000, and will not be less than $930 per $1,000 when set. Principal is at risk if any index finishes below its Trigger Value at maturity; dividends on index constituents are not paid.

JPMorgan Chase Financial Company LLC plans to issue Capped Buffered Equity Notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes seek 1.00x upside in the lesser performing index, capped at a maximum return of at least 27.60% at maturity.

Investors forgo interest and dividends and are protected by a 30.00% downside buffer; losses begin if either index falls by more than 30%, with up to 70.00% principal loss possible at maturity. Key dates include an expected pricing on or about December 5, 2025, observation on December 6, 2027, and maturity on December 9, 2027. Minimum denomination is $1,000. If priced today, the estimated value would be approximately $989.60 per $1,000 and will not be less than $950.00 per $1,000 when set. Notes are unsecured, unlisted, and subject to the credit risk of both the issuer and guarantor.

JPMorgan Chase Financial Company LLC plans to offer Capped Buffered Equity Notes linked to the S&P 500 Index, due December 1, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target equity upside up to a maximum return of at least 27.00% with a 20.00% buffer against index declines and a 1.25 downside leverage factor beyond the buffer. Minimum denomination is $1,000. They are expected to price on or about November 25, 2025 and settle on or about December 1, 2025.

At maturity, investors receive principal plus index gains up to the cap, par if declines are within the buffer, or losses magnified by the downside factor if the S&P 500 falls more than 20%. The Observation Date is November 26, 2027. The notes pay no interest or dividends, are unsecured, and are subject to the credit risk of the issuer and guarantor. The price to public is $1,000 per note with proceeds to the issuer of $1,000 per note for fee-based accounts. If priced today, the estimated value would be about $995.70 per $1,000 note and will not be less than $970.00 per $1,000 when set.

JPMorgan Chase & Co. is offering callable zero coupon notes due November 17, 2050. The notes are sold at an original issue price of $222.638 per $1,000 principal amount, accrue no periodic interest, and accrete at a 6.10% yield to maturity (compounded semiannually, 30/360).

The issuer may redeem the notes in whole on the 17th of May and November each year from November 17, 2027 to May 17, 2050 at the Accreted Principal Amount shown in the annexed schedule. If not called, payment at maturity is 100% of principal, subject to the stated conventions. In an event of default, the accelerated amount equals the Accreted Principal Amount on the acceleration date.

Selling commissions, if priced as shown, would be approximately $4.453 per $1,000 (2.00%) and will not exceed $11.132 per $1,000 (5.00%). The notes are unsecured obligations of JPMorgan Chase & Co. and are expected to be issued with OID. Resolution frameworks described could subject holders, as unsecured creditors, to losses ahead of subsidiary creditors in a JPMorgan resolution.

JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the Class A common stock of Meta Platforms, Inc., due November 10, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a Contingent Interest Payment on any Review Date when Meta’s closing price is at least 65.00% of the Initial Value (the Interest Barrier). Missed interest is paid later if a future Review Date meets the barrier. The notes are automatically called if Meta’s price is at least the Initial Value on any Review Date other than the first and final; the earliest potential call is May 7, 2026. The hypothetical Contingent Interest Rate is shown at 10.80% per annum (at least 10.80% p.a., paid quarterly). If not called, and the Final Value is below the 65.00% Trigger Value, principal is reduced 1% for each 1% decline from the Initial Value, which can result in a significant loss.

The price to public is $1,000 per note (minimum denomination $1,000). If priced today, the estimated value would be approximately $962 per $1,000 note and will not be less than $940 at pricing. Advisory accounts pay not lower than $976.50 per $1,000 (no selling commissions); brokerage selling commissions will not exceed $23.50 per $1,000. The notes are unsecured, not listed, and subject to the credit risk of the issuer and guarantor.