Alerian MLP Index ETN SEC Filings

JPMorgan Chase & Co. outlined preliminary terms for Callable Fixed Rate Notes due October 31, 2035, subject to completion. The notes pay 4.75% per annum, with interest paid annually on October 31, beginning in 2026. The issuer may redeem the notes, in whole but not in part, on the last calendar day of April and October from October 31, 2027 through April 30, 2035 at par plus accrued interest.

Key conventions include Following Business Day, Unadjusted Interest Accrual, and 30/360 day count. The preliminary per-note price to the public is $1,000, with eligible institutional or fee-based accounts between $975.10 and $1,000 per $1,000 principal. Selling commissions would be approximately $10 per $1,000 if priced today and will not exceed $30 per $1,000. The notes are unsecured obligations of JPMorgan Chase & Co. and are not FDIC insured. Resolution framework disclosures note that in a stress scenario, unsecured creditors, including noteholders, could bear losses after equity.

JPMorgan Chase Financial Company LLC plans to issue unsecured, automatically callable structured 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 on any Review Date starting on October 30, 2026, paying $1,000 plus a Call Premium Amount calculated using a Call Premium Rate of at least 16.10%. If not called, the notes mature on November 1, 2030.

The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost, and can use leverage up to 500% with a 35% target volatility, which can drag performance versus a comparable index without these deductions. If the notes are not called and the Final Value is below the 60.00% Barrier Amount, repayment is $1,000 plus $1,000 × Index Return, risking substantial principal loss. Preliminary economics include minimum denominations of $1,000, selling commissions not exceeding $50 per $1,000, and an estimated value of approximately $898.60 per $1,000 if priced today (not less than $880.00 per $1,000 when set). Payments are subject to the credit risks of the issuer and guarantor.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., filed a preliminary 424B2 for Market Linked Securities due November 2, 2028. These auto-callable notes pay a contingent coupon monthly at a rate set on the pricing date, at least 8.00% per annum, but only if the lowest performing of the S&P 500, Russell 2000, and Nasdaq‑100 Technology Sector Index is at or above its 70% threshold on the related calculation day.

The notes may be automatically called on monthly dates from April 2026 to September 2028 if the lowest performing index is at or above its starting level; if called, holders receive par plus the final contingent coupon. If not called, at maturity investors receive: $1,000 if the lowest performer is at or above its threshold; otherwise, $1,000 + ($1,000 × index return), exposing principal to losses beyond 30% and possibly to zero.

Per security economics: Price to public $1,000; fees $23.25; proceeds to issuer $976.75. The estimated value would be approximately $950.50 per security if priced today and will not be less than $920.00 when set.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Capped Callable Fixed to Floating Rate Notes due December 3, 2026, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay 4.15% per annum during the initial three months. Thereafter, interest resets each period to Compounded SOFR + 0.15%, subject to a 0.00% minimum and a 4.15% maximum. Interest is paid quarterly on February 3, May 3, August 3, and November 3, beginning February 3, 2026, and at maturity.

The issuer may call the notes at par plus accrued interest on May 3, 2026, August 3, 2026, or November 3, 2026. The price to the public is $1,000 per note. If priced today, selling commissions would be approximately $0.30 per $1,000 and will not exceed $1.00 per $1,000. Key conventions include Following Business Day, Unadjusted interest accrual, and Actual/360. The notes are unsecured obligations and are not FDIC insured. Risks include capped upside, potential for zero interest after the initial period, limited secondary market liquidity, and benchmark transition mechanics.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., filed a preliminary pricing supplement for Market Linked Securities that are auto‑callable with contingent coupons and contingent downside, linked to the lowest performing of the S&P 500, Dow Jones Industrial Average, Nasdaq‑100 and EURO STOXX 50. Each security is priced at $1,000, with $23.25 in fees and commissions and $976.75 in proceeds to the issuer per security. The estimated value would be approximately $949.30 per security and will not be less than $910.00 when set.

The notes pay a quarterly contingent coupon at a rate set on pricing, at least 8.00% per annum, only if the lowest performing index on the calculation day is at or above its 70% threshold. They are auto‑callable from April 2026 to July 2028 if the lowest performer is at or above its starting level, returning principal plus the final coupon.

If not called, at maturity on November 2, 2028 you receive $1,000 if the lowest performing index is at or above its threshold; otherwise the payout is $1,000 + ($1,000 × index return of the lowest performer), exposing investors to losses greater than 30% and up to total loss of principal. Pricing is expected on October 30, 2025 with issuance on November 4, 2025.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Review Notes linked to the lesser performing of the Dow Jones Industrial Average and the Nasdaq-100 Index, due November 5, 2029, and fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called if on any Review Date both indices close at or above their Call Value (100% of Initial Value). Minimum Call Premium Amounts are 9.50%, 19.00%, 28.50% and 38.00% for successive Review Dates, with the earliest call window on November 9, 2026. If not called, principal is repaid at maturity only if each index’s Final Value is at or above the Barrier Amount (70% of Initial Value); otherwise, repayment is reduced by the Lesser Performing Index Return, which can result in substantial loss, up to total loss.

The notes pay no interest or dividends, are issued in $1,000 minimum denominations, and are expected to price on or about October 31, 2025 and settle on or about November 5, 2025. Estimated value if priced today is about $950.10 per $1,000, and will not be less than $930.00. Selling commissions will not exceed $20 per $1,000, and a $8 structuring fee may apply.

JPMorgan Chase Financial Company LLC priced Auto Callable Contingent Interest Notes linked to the S&P 500 Index under Rule 424(b)(2). The offering totals $700,000 at $1,000 per note, with per‑note proceeds to the issuer of $989.58 after $10.42 in fees. The notes pay a $22.85 Contingent Interest Payment per $1,000 note on each Interest Payment Date if the Index on the related Review Date is at or above the Interest Barrier.

The Interest Barrier and Trigger Level are 5,242.008 (80.00% of the Index Strike Level). The Index Strike Level is 6,552.51. The notes auto‑call if, on any non‑final Review Date, the Index closes at or above the Index Strike Level; the earliest possible call is February 10, 2026. If held to maturity on November 16, 2026 and no Trigger Event occurs, investors receive $1,000 plus due contingent interest. If a Trigger Event occurs, repayment is $1,000 + ($1,000 × Index Return), exposing investors to losses greater than 20% and up to all principal.

The notes are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The estimated value is $981.00 per $1,000 note at pricing.

JPMorgan Chase & Co. plans a primary offering of senior unsecured notes, comprising fixed‑to‑floating rate notes and floating rate notes issued under its senior indenture. The notes will be issued in book‑entry form through DTC, in $2,000 denominations and larger $1,000 multiples, and will not be listed on any exchange.

During floating periods, interest will reference a benchmark expected to be Compounded SOFR plus a spread, with detailed benchmark transition provisions if a Benchmark Transition Event occurs. The notes include optional redemption features and have no sinking fund. Affiliates may make a secondary market but are not obligated to do so.

Use of proceeds: net proceeds will be contributed to JPMorgan Chase Holdings LLC for general corporate purposes, including investments in subsidiaries, dividends, extensions of credit, redemptions or repurchases, and potential acquisitions or business expansion. The notes rank equally with other unsecured and unsubordinated obligations and are not FDIC insured.

JPMorgan Chase Financial Company LLC priced Contingent Income Callable Securities fully and unconditionally guaranteed by JPMorgan Chase & Co., tied to the worst of the Nikkei 225, S&P 500 and Russell 2000. The aggregate principal amount is $3,909,000.

The notes pay a contingent quarterly coupon of 2.0625% ($20.625 per $1,000) only if each index closes at or above 65% of its initial level on every day of the monitoring period; otherwise no coupon is paid. They are callable at the issuer’s discretion on any contingent payment date (except the final one). If not called, at maturity on October 15, 2027 investors receive par only if each index is at or above its downside threshold; if any index is below, repayment is reduced 1‑to‑1 with the worst performer and can be zero.

Initial index levels: NKY 48,088.80, SPX 6,552.51, RTY 2,394.595; downside thresholds are 65% of these. The estimated value is $958 per $1,000. Price to public is $1,000 per note; proceeds to issuer are $980 per note ($3,830,820 total) after fees.