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Red Flags Detected

  • The Notes Do Not Guarantee Any Return of Principal. (new) — Principal is at risk; investors can lose their entire investment.
  • The Level of the Index Will Include a 6.0% Per Annum Daily Deduction. (new) — The index's daily deduction reduces potential returns.
  • The Appreciation Potential of the Notes Is Limited to the Sum of Any Contingent Interest Payments. (new) — Investors cannot benefit from index upside beyond the contingent interest payments.
  • Any Payment On the Notes Is Subject to the Credit Risks of Jpmorgan Chase Financial Company Llc and Jpmorgan Chase & Co. (new) — The notes are unsecured obligations of the issuer and guarantor.
  • The Index Is Subject to Risks Associated With the Use of Significant Leverage. (new) — Leverage can amplify losses and cause volatility drag.
NYSE: JPM JPMORGAN CHASE & CO 424B3

JPMorgan offers auto-callable notes linked to MerQube US Tech+ Vol Advantage Index with 9.25% coupon and 15% buffer

Filed September 4, 2026 · ~1 min read

Key Changes

  • high

    Notes pay contingent interest of at least 9.25% per year, monthly, if the index closes at or above 85% of its initial value.

    Summary of Terms verify on EDGAR →
  • high

    Investors have a 15% buffer: if the final index value is below 85% of initial, principal loss is 1% for each 1% decline beyond the buffer.

    Summary of Terms verify on EDGAR →
  • high

    The index deducts 6.0% per year daily and the underlying asset's performance is reduced by a daily financing cost, lowering potential returns.

    Summary of Terms verify on EDGAR →

4 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 7, 2026 · How we verify