noodls browser compatibility check

The security settings of your browser are blocking the execution of scripts.

To use noodls, javascript support must be enabled. Please change your browser's security settings to enable javascript.

If you have changed your browser's security settings, you can click here.

related announcements

Finance

Company News

JPMorgan Chase & Co.

08/17/2026 | Press release | Distributed by Public on 08/17/2026 14:17

Primary Offering Prospectus (Form 424B2)

The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement is not

an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.

Subject to completion dated August 17, 2026*

August , 2026 Registration Statement Nos. 333-293684 and 333-293684-01; Rule 424(b)(2)

Pricing supplement to product supplement no. 3-I dated April 17, 2026, underlying supplement no. 1-I dated April 17, 2026 and the prospectus and

prospectus supplement, each dated April 17, 2026

JPMorgan Chase Financial Company LLC

Structured Investments

Callable Contingent Interest Notes Linked to the Least

Performing of the S&P 500® Index, the EURO STOXX 50®

Index and the Nasdaq-100 Index® due August 22, 2028

Fully and Unconditionally Guaranteed by JPMorgan Chase & Co.

• The notes are designed for investors who seek a Contingent Interest Payment with respect to each Review Date for

which the closing level of each of the S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®, which

we refer to as the Indices, is greater than or equal to 70.00% of its Initial Value, which we refer to as an Interest Barrier.

• The notes may be redeemed early, in whole but not in part, at our option on any of the Interest Payment Dates (other

than the first through eleventh and final Interest Payment Dates).

• The earliest date on which the notes may be redeemed early is August 20, 2027.

• Investors should be willing to accept the risk of losing a significant portion or all of their principal and the risk that no

Contingent Interest Payment may be made with respect to some or all Review Dates.

• Investors should also be willing to forgo fixed interest and dividend payments, in exchange for the opportunity to receive

Contingent Interest Payments.

• The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, which we refer to

as JPMorgan Financial, the payment on which is fully and unconditionally guaranteed by JPMorgan Chase & Co. Any

payment on the notes is subject to the credit risk of JPMorgan Financial, as issuer of the notes, and the credit

risk of JPMorgan Chase & Co., as guarantor of the notes.

• Payments on the notes are not linked to a basket composed of the Indices. Payments on the notes are linked to the

performance of each of the Indices individually, as described below.

• Minimum denominations of $1,000 and integral multiples thereof

• The notes are expected to price on or about August 17, 2026 and are expected to settle on or about August 20, 2026.

• CUSIP: 46661MBQ6

Investing in the notes involves a number of risks. See "Risk Factors" beginning on page S-2 of the accompanying

prospectus supplement, "Risk Factors" beginning on page PS-12 of the accompanying product supplement and

"Selected Risk Considerations" beginning on page PS-5 of this pricing supplement.

Neither the Securities and Exchange Commission (the "SEC") nor any state securities commission has approved or disapproved

of the notes or passed upon the accuracy or the adequacy of this pricing supplement or the accompanying product supplement,

underlying supplement, prospectus supplement and prospectus. Any representation to the contrary is a criminal offense.

Price to Public (1)

Fees and Commissions (2)

Proceeds to Issuer

Per note

$1,000

Total

(1) See "Supplemental Use of Proceeds" in this pricing supplement for information about the components of the price to public of the

notes.

(2) J.P. Morgan Securities LLC, which we refer to as JPMS, acting as agent for JPMorgan Financial, will pay all of the selling

commissions it receives from us to other affiliated or unaffiliated dealers. In no event will these selling commissions exceed $6.00 per

$1,000 principal amount note. See "Plan of Distribution (Conflicts of Interest)" in the accompanying product supplement.

If the notes priced today, the estimated value of the notes would be approximately $980.00 per $1,000 principal amount

note. The estimated value of the notes, when the terms of the notes are set, will be provided in the pricing supplement

and will not be less than $950.00 per $1,000 principal amount note. See "The Estimated Value of the Notes" in this

pricing supplement for additional information.

The notes are not bank deposits, are not insured by the Federal Deposit Insurance Corporation or any other governmental agency

and are not obligations of, or guaranteed by, a bank.

*This preliminary pricing supplement amends and restates and supersedes the original preliminary pricing supplement related hereto dated August

14, 2026 to product supplement no. 3-I in its entirety (the original preliminary pricing supplement is available on the SEC website at

http://www.sec.gov/Archives/edgar/data/19617/000191870426023815/form424b2.htm).

PS-1 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

Key Terms

Issuer: JPMorgan Chase Financial Company LLC, a direct,

wholly owned finance subsidiary of JPMorgan Chase & Co.

Guarantor: JPMorgan Chase & Co.

Indices: The S&P 500® Index (Bloomberg ticker: SPX), the

EURO STOXX 50® Index (Bloomberg ticker: SX5E) and the

Nasdaq-100 Index® (Bloomberg ticker: NDX)

Contingent Interest Payments: If the notes have not been

previously redeemed early and the closing level of each Index

on any Review Date is greater than or equal to its Interest

Barrier, you will receive on the applicable Interest Payment

Date for each $1,000 principal amount note a Contingent

Interest Payment equal to at least $8.9583 (equivalent to a

Contingent Interest Rate of at least 10.75% per annum, payable

at a rate of at least 0.89583% per month) (to be provided in the

pricing supplement).

If the closing level of any Index on any Review Date is less than

its Interest Barrier, no Contingent Interest Payment will be made

with respect to that Review Date.

Contingent Interest Rate: At least 10.75% per annum, payable

at a rate of at least 0.89583% per month (to be provided in the

pricing supplement)

Interest Barrier / Trigger Value: With respect to each Index,

70.00% of its Initial Value

Pricing Date: On or about August 17, 2026

Original Issue Date (Settlement Date): On or about August

20, 2026

Review Dates*: September 17, 2026, October 19, 2026,

November 17, 2026, December 17, 2026, January 19, 2027,

February 17, 2027, March 17, 2027, April 19, 2027, May 17,

2027, June 17, 2027, July 19, 2027, August 17, 2027,

September 17, 2027, October 18, 2027, November 17, 2027,

December 17, 2027, January 18, 2028, February 17, 2028,

March 17, 2028, April 18, 2028, May 17, 2028, June 20, 2028,

July 17, 2028 and August 17, 2028 (final Review Date)

Interest Payment Dates*: September 22, 2026, October 22,

2026, November 20, 2026, December 22, 2026, January 22,

2027, February 22, 2027, March 22, 2027, April 22, 2027, May

20, 2027, June 23, 2027, July 22, 2027, August 20, 2027,

September 22, 2027, October 21, 2027, November 22, 2027,

December 22, 2027, January 21, 2028, February 23, 2028,

March 22, 2028, April 21, 2028, May 22, 2028, June 23, 2028,

July 20, 2028 and the Maturity Date

Maturity Date*: August 22, 2028

* Subject to postponement in the event of a market disruption event and

as described under "General Terms of Notes - Postponement of a

Determination Date - Notes Linked to Multiple Underlyings" and

"General Terms of Notes - Postponement of a Payment Date" in the

accompanying product supplement or early acceleration in the event of

an acceleration event as described under "General Terms of Notes -

Consequences of an Acceleration Event" in the accompanying product

supplement and "Selected Risk Considerations - Risks Relating to the

Notes Generally - We May Accelerate Your Notes If an Acceleration

Event Occurs" in this pricing supplement

Early Redemption:

We, at our election, may redeem the notes early, in whole but

not in part, on any of the Interest Payment Dates (other than the

first through eleventh and final Interest Payment Dates) at a

price, for each $1,000 principal amount note, equal to (a)

$1,000 plus (b) the Contingent Interest Payment, if any,

applicable to the immediately preceding Review Date. If we

intend to redeem your notes early, we will deliver notice to The

Depository Trust Company, or DTC, at least three business

days before the applicable Interest Payment Date on which the

notes are redeemed early.

Payment at Maturity:

If the notes have not been redeemed early and the Final Value

of each Index is greater than or equal to its Trigger Value, you

will receive a cash payment at maturity, for each $1,000

principal amount note, equal to (a) $1,000 plus (b) the

Contingent Interest Payment applicable to the final Review

Date.

If the notes have not been redeemed early and the Final Value

of any Index is less than its Trigger Value, your payment at

maturity per $1,000 principal amount note will be calculated as

follows:

$1,000 + ($1,000 × Least Performing Index Return)

If the notes have not been redeemed early and the Final Value

of any Index is less than its Trigger Value, you will lose more

than 30.00% of your principal amount at maturity and could lose

all of your principal amount at maturity.

Least Performing Index: The Index with the Least Performing

Index Return

Least Performing Index Return: The lowest of the Index

Returns of the Indices

Index Return:

With respect to each Index,

(Final Value - Initial Value)

Initial Value

Initial Value: With respect to each Index, the closing level of

that Index on the Pricing Date

Final Value: With respect to each Index, the closing level of

that Index on the final Review Date

PS-2 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

How the Notes Work

Payments in Connection with the First through Eleventh Review Dates

Payments in Connection with Review Dates (Other than the First through Eleventh and Final Review Dates)

The closing level of each Index is greater than or

equal to its Interest Barrier.

The closing level of any Index is less than its Interest

Barrier.

First through Eleventh Review Dates

Compare the closing level of each Index to its Interest Barrier on each Review Date.

You will receive a Contingent Interest Payment on the

applicable Interest Payment Date.

Proceed to the next Review Date.

No Contingent Interest Payment will be made with respect to

the applicable Review Date.

Proceed to the next Review Date.

You will receive (a) $1,000 plus (b) a

Contingent Interest Payment on the

applicable Interest Payment Date.

No further payments will be made on the

notes.

Compare the closing level of each Index to its Interest Barrier on each Review Date until the final Review Date or any early redemption.

Review Dates (Other than the First through Eleventh and Final Review Dates)

Early Redemption

The closing level of each Index is

greater than or equal to its

Interest Barrier.

The closing level of any Index is

less than its Interest Barrier.

You will receive a Contingent Interest

Payment on the applicable Interest

Payment Date.

Proceed to the next Review Date.

No Contingent Interest Payment will

be made with respect to the

applicable Review Date.

Proceed to the next Review Date.

No Early Redemption

You will receive $1,000 on the applicable

Interest Payment Date.

No further payments will be made on the

notes.

PS-3 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

Payment at Maturity If the Notes Have Not Been Redeemed Early

Total Contingent Interest Payments

The table below illustrates the hypothetical total Contingent Interest Payments per $1,000 principal amount note over the term of the

notes based on a hypothetical Contingent Interest Rate of 10.75% per annum, depending on how many Contingent Interest Payments

are made prior to early redemption or maturity. The actual Contingent Interest Rate will be provided in the pricing supplement and will

be at least 10.75% per annum (payable at a rate of at least 0.89583% per month).

Number of Contingent

Interest Payments

Total Contingent Interest

Payments

$215.0000

$206.0417

$197.0833

$188.1250

$179.1667

$170.2083

$161.2500

$152.2917

$143.3333

$134.3750

$125.4167

$116.4583

$107.5000

$98.5417

$89.5833

$80.6250

$71.6667

$62.7083

$53.7500

$44.7917

$35.8333

$26.8750

Review Dates Preceding the

Final Review Date

You will receive (a) $1,000 plus (b) the

Contingent Interest Payment

applicable to the final Review Date.

The notes have not been

redeemed early prior to the

final Review Date.

Proceed to maturity

Final Review Date Payment at Maturity

The Final Value of each Index is greater than or

equal to its Trigger Value.

You will receive:

$1,000 + ($1,000 ×Least Performing

Index Return)

Under these circumstances, you will

lose a significant portion or all of your

principal amount at maturity.

The Final Value of any Index is less than its

Trigger Value.

PS-4 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

$17.9167

$8.9583

$0.0000

Hypothetical Payout Examples

The following examples illustrate payments on the notes linked to three hypothetical Indices, assuming a range of performances for the

hypothetical Least Performing Index on the Review Dates. Solely for purposes of this section, the Least Performing Index with

respect to each Review Date is the least performing of the Indices determined based on the closing level of each Index on that

Review Date compared with its Initial Value.

The hypothetical payments set forth below assume the following:

• the notes have not been redeemed early;

• an Initial Value for each Index of 100.00;

• an Interest Barrier and a Trigger Value for each Index of 70.00 (equal to 70.00% of its hypothetical Initial Value); and

• a Contingent Interest Rate of 10.75% per annum.

The hypothetical Initial Value of each Index of 100.00 has been chosen for illustrative purposes only and may not represent a likely

actual Initial Value of any Index. The actual Initial Value of each Index will be the closing level of that Index on the Pricing Date and will

be provided in the pricing supplement. For historical data regarding the actual closing levels of each Index, please see the historical

information set forth under "The Indices" in this pricing supplement.

Each hypothetical payment set forth below is for illustrative purposes only and may not be the actual payment applicable to a purchaser

of the notes. The numbers appearing in the following examples have been rounded for ease of analysis.

Example 1 - Notes have NOT been redeemed early and the Final Value of the Least Performing Index is greater than or equal

to its Trigger Value.

Date

Closing Level of Least

Performing Index

Payment (per $1,000 principal amount note)

First Review Date

95.00

$8.9583

Second Review Date

90.00

$8.9583

Third through Twenty-Third

Review Dates

Less than Interest Barrier

Final Review Date

90.00

$1,008.9583

Total Payment

$1,026.875 (2.6875% return)

Because the notes have not been redeemed early and the Final Value of the Least Performing Index is greater than or equal to its

Trigger Value, the payment at maturity, for each $1,000 principal amount note, will be $1,008.9583 (or $1,000 plus the Contingent

Interest Payment applicable to the final Review Date). When added to the Contingent Interest Payments received with respect to the

prior Review Dates, the total amount paid, for each $1,000 principal amount note, is $1,026.875.

Example 2 - Notes have NOT been redeemed early and the Final Value of the Least Performing Index is less than its Trigger

Value.

Date

Closing Level of Least

Performing Index

Payment (per $1,000 principal amount note)

First Review Date

40.00

Second Review Date

45.00

Third through Twenty-Third

Review Dates

Less than Interest Barrier

Final Review Date

40.00

$400.00

Total Payment

$400.00 (-60.00% return)

Because the notes have not been redeemed early, the Final Value of the Least Performing Index is less than its Trigger Value and the

Least Performing Index Return is -60.00%, the payment at maturity will be $400.00 per $1,000 principal amount note, calculated as

follows:

PS-5 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

$1,000 + [$1,000 × (-60.00%)] = $400.00

The hypothetical returns and hypothetical payments on the notes shown above apply only if you hold the notes for their entire term.

These hypotheticals do not reflect the fees or expenses that would be associated with any sale in the secondary market. If these fees

and expenses were included, the hypothetical returns and hypothetical payments shown above would likely be lower.

Selected Risk Considerations

An investment in the notes involves significant risks. These risks are explained in more detail in the "Risk Factors" sections of the

accompanying prospectus supplement and product supplement.

Risks Relating to the Notes Generally

• YOUR INVESTMENT IN THE NOTES MAY RESULT IN A LOSS -

The notes do not guarantee any return of principal. If the notes have not been redeemed early and the Final Value of any Index is

less than its Trigger Value, you will lose 1% of the principal amount of your notes for every 1% that the Final Value of the Least

Performing Index is less than its Initial Value. Accordingly, under these circumstances, you will lose more than 30.00% of your

principal amount at maturity and could lose all of your principal amount at maturity.

• THE NOTES DO NOT GUARANTEE THE PAYMENT OF INTEREST AND MAY NOT PAY ANY INTEREST AT ALL -

If the notes have not been redeemed early, we will make a Contingent Interest Payment with respect to a Review Date only if the

closing level of each Index on that Review Date is greater than or equal to its Interest Barrier. If the closing level of any Index on a

Review Date is less than its Interest Barrier, no Contingent Interest Payment will be made with respect to that Review Date.

Accordingly, if the closing level of any Index on each Review Date is less than its Interest Barrier, you will not receive any interest

payments over the term of the notes.

• CREDIT RISKS OF JPMORGAN FINANCIAL AND JPMORGAN CHASE & CO. -

Investors are dependent on our and JPMorgan Chase & Co.'s ability to pay all amounts due on the notes. Any actual or potential

change in our or JPMorgan Chase & Co.'s creditworthiness or credit spreads, as determined by the market for taking that credit

risk, is likely to adversely affect the value of the notes. If we and JPMorgan Chase & Co. were to default on our payment

obligations, you may not receive any amounts owed to you under the notes and you could lose your entire investment.

• AS A FINANCE SUBSIDIARY, JPMORGAN FINANCIAL HAS NO INDEPENDENT ACTIVITIES AND HAS LIMITED ASSETS -

As a finance subsidiary of JPMorgan Chase & Co., we have no independent activities beyond the issuance and administration of

our securities and the collection of intercompany obligations. Aside from the initial capital contribution from JPMorgan Chase &

Co., substantially all of our assets relate to obligations of JPMorgan Chase & Co. to make payments under loans made by us to

JPMorgan Chase & Co. or under other intercompany agreements. As a result, we are dependent upon payments from JPMorgan

Chase & Co. to meet our obligations under the notes. We are not an operating subsidiary of JPMorgan Chase & Co. and in a

bankruptcy or resolution of JPMorgan Chase & Co. we are not expected to have sufficient resources to meet our obligations in

respect of the notes as they come due. If JPMorgan Chase & Co. does not make payments to us and we are unable to make

payments on the notes, you may have to seek payment under the related guarantee by JPMorgan Chase & Co., and that

guarantee will rank pari passu with all other unsecured and unsubordinated obligations of JPMorgan Chase & Co. For more

information, see "Risk Factors - Holders of securities issued by JPMorgan Financial may be subject to losses if JPMorgan Chase

& Co. were to enter into a resolution" in the accompanying prospectus supplement.

• THE APPRECIATION POTENTIAL OF THE NOTES IS LIMITED TO THE SUM OF ANY CONTINGENT INTEREST PAYMENTS

THAT MAY BE PAID OVER THE TERM OF THE NOTES,

regardless of any appreciation of any Index, which may be significant. You will not participate in any appreciation of any Index.

• YOU ARE EXPOSED TO THE RISK OF DECLINE IN THE LEVEL OF EACH INDEX -

Payments on the notes are not linked to a basket composed of the Indices and are contingent upon the performance of each

individual Index. Poor performance by any of the Indices over the term of the notes may negatively affect whether you will receive

a Contingent Interest Payment on any Interest Payment Date and your payment at maturity and will not be offset or mitigated by

positive performance by any other Index.

• YOUR PAYMENT AT MATURITY WILL BE DETERMINED BY THE LEAST PERFORMING INDEX.

• THE BENEFIT PROVIDED BY THE TRIGGER VALUE MAY TERMINATE ON THE FINAL REVIEW DATE -

PS-6 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

If the Final Value of any Index is less than its Trigger Value and the notes have not been redeemed early, the benefit provided by

the Trigger Value will terminate and you will be fully exposed to any depreciation of the Least Performing Index.

• THE OPTIONAL EARLY REDEMPTION FEATURE MAY FORCE A POTENTIAL EARLY EXIT -

If we elect to redeem your notes early, the term of the notes may be reduced to as short as approximately one year and you will not

receive any Contingent Interest Payments after the applicable Interest Payment Date. There is no guarantee that you would be

able to reinvest the proceeds from an investment in the notes at a comparable return and/or with a comparable interest rate for a

similar level of risk. Even in cases where we elect to redeem your notes before maturity, you are not entitled to any fees and

commissions described on the front cover of this pricing supplement.

• YOU WILL NOT RECEIVE DIVIDENDS ON THE SECURITIES INCLUDED IN ANY INDEX OR HAVE ANY RIGHTS WITH

RESPECT TO THOSE SECURITIES.

• THE RISK OF THE CLOSING LEVEL OF AN INDEX FALLING BELOW ITS INTEREST BARRIER OR TRIGGER VALUE IS

GREATER IF THE LEVEL OF THAT INDEX IS VOLATILE.

• WE MAY ACCELERATE YOUR NOTES IF AN ACCELERATION EVENT OCCURS -

Upon the announcement or occurrence of an acceleration event, we may, in our sole and absolute discretion, accelerate the

payment on your notes and pay you an amount determined by the calculation agent in good faith and in a commercially reasonable

manner by reference to the values of any fixed-income debt component and any derivatives underlying the economic terms of the

notes as of the date of the notice of acceleration. An acceleration event means there is an announcement or occurrence of legal or

regulatory changes that the calculation agent determines are likely to interfere with your or our ability to transact in or hold the

notes or our ability to hedge or perform our obligations under the notes. If the payment on your notes is accelerated, your

investment may result in a loss, and you may not be able to reinvest your money in a comparable investment. Please see "General

Terms of Notes - Consequences of a Change-in-Law Event" in the accompanying product supplement for more information.

• LACK OF LIQUIDITY -

The notes will not be listed on any securities exchange. Accordingly, the price at which you may be able to trade your notes is

likely to depend on the price, if any, at which JPMS is willing to buy the notes. You may not be able to sell your notes. The notes

are not designed to be short-term trading instruments. Accordingly, you should be able and willing to hold your notes to maturity.

• THE FINAL TERMS AND VALUATION OF THE NOTES WILL BE PROVIDED IN THE PRICING SUPPLEMENT -

You should consider your potential investment in the notes based on the minimums for the estimated value of the notes and the

Contingent Interest Rate.

Risks Relating to Conflicts of Interest

• POTENTIAL CONFLICTS -

We and our affiliates play a variety of roles in connection with the notes. In performing these duties, our and JPMorgan Chase &

Co.'s economic interests are potentially adverse to your interests as an investor in the notes. It is possible that hedging or trading

activities of ours or our affiliates in connection with the notes could result in substantial returns for us or our affiliates while the

value of the notes declines. Please refer to "Risk Factors - Risks Relating to Conflicts of Interest" in the accompanying product

supplement.

Risks Relating to the Estimated Value and Secondary Market Prices of the Notes

• THE ESTIMATED VALUE OF THE NOTES WILL BE LOWER THAN THE ORIGINAL ISSUE PRICE (PRICE TO PUBLIC) OF

THE NOTES -

The estimated value of the notes is only an estimate determined by reference to several factors. The original issue price of the

notes will exceed the estimated value of the notes because costs associated with selling, structuring and hedging the notes are

included in the original issue price of the notes. These costs include the selling commissions, the projected profits, if any, that our

affiliates expect to realize for assuming risks inherent in hedging our obligations under the notes, the estimated cost of hedging our

obligations under the notes and the fees, if any, paid for third-party data analytics and/or electronic platform services. See "The

Estimated Value of the Notes" in this pricing supplement.

• THE ESTIMATED VALUE OF THE NOTES DOES NOT REPRESENT FUTURE VALUES OF THE NOTES AND MAY DIFFER

FROM OTHERS' ESTIMATES -

See "The Estimated Value of the Notes" in this pricing supplement.

PS-7 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

• THE ESTIMATED VALUE OF THE NOTES IS DERIVED BY REFERENCE TO AN INTERNAL FUNDING RATE -

The internal funding rate used in the determination of the estimated value of the notes may differ from the market-implied funding

rate for vanilla fixed income instruments of a similar maturity issued by JPMorgan Chase & Co. or its affiliates. Any difference may

be based on, among other things, our and our affiliates' view of the funding value of the notes as well as the higher issuance,

operational and ongoing liability management costs of the notes in comparison to those costs for the conventional fixed income

instruments of JPMorgan Chase & Co. This internal funding rate is based on certain market inputs and assumptions, which may

prove to be incorrect, and is intended to approximate the prevailing market replacement funding rate for the notes. The use of an

internal funding rate and any potential changes to that rate may have an adverse effect on the terms of the notes and any

secondary market prices of the notes. See "The Estimated Value of the Notes" in this pricing supplement.

• THE VALUE OF THE NOTES AS PUBLISHED BY JPMS (AND WHICH MAY BE REFLECTED ON CUSTOMER ACCOUNT

STATEMENTS) MAY BE HIGHER THAN THE THEN-CURRENT ESTIMATED VALUE OF THE NOTES FOR A LIMITED TIME

PERIOD -

We generally expect that some of the costs included in the original issue price of the notes will be partially paid back to you in

connection with any repurchases of your notes by JPMS in an amount that will decline to zero over an initial predetermined period.

See "Secondary Market Prices of the Notes" in this pricing supplement for additional information relating to this initial period.

Accordingly, the estimated value of your notes during this initial period may be lower than the value of the notes as published by

JPMS (and which may be shown on your customer account statements).

• SECONDARY MARKET PRICES OF THE NOTES WILL LIKELY BE LOWER THAN THE ORIGINAL ISSUE PRICE OF THE

NOTES -

Any secondary market prices of the notes will likely be lower than the original issue price of the notes because, among other

things, secondary market prices take into account our internal secondary market funding rates for structured debt issuances and,

also, because secondary market prices may exclude selling commissions, projected hedging profits, if any, estimated hedging

costs and fees, if any, paid for third-party data analytics and/or electronic platform services that are included in the original issue

price of the notes. As a result, the price, if any, at which JPMS will be willing to buy the notes from you in secondary market

transactions, if at all, is likely to be lower than the original issue price. Furthermore, if you sell your notes, you will likely be charged

a commission for secondary market transactions, or the price will likely reflect a dealer discount and/or fees for use of an electronic

platform to facilitate secondary market activity. Any sale by you prior to the Maturity Date could result in a substantial loss to you.

• SECONDARY MARKET PRICES OF THE NOTES WILL BE IMPACTED BY MANY ECONOMIC AND MARKET FACTORS -

The secondary market price of the notes during their term will be impacted by a number of economic and market factors, which

may either offset or magnify each other, aside from the selling commissions, projected hedging profits, if any, estimated hedging

costs and the levels of the Indices. Additionally, independent pricing vendors and/or third party broker-dealers may publish a price

for the notes, which may also be reflected on customer account statements. This price may be different (higher or lower) than the

price of the notes, if any, at which JPMS may be willing to purchase your notes in the secondary market. See "Risk Factors -

Risks Relating to the Estimated Value and Secondary Market Prices of the Notes - Secondary market prices of the notes will be

impacted by many economic and market factors" in the accompanying product supplement.

Risks Relating to the Indices

• JPMORGAN CHASE & CO. IS CURRENTLY ONE OF THE COMPANIES THAT MAKE UP THE S&P 500® INDEX,

but JPMorgan Chase & Co. will not have any obligation to consider your interests in taking any corporate action that might affect

the level of the S&P 500® Index.

• NON-U.S. SECURITIES RISK WITH RESPECT TO THE EURO STOXX 50® INDEX AND THE NASDAQ-100 INDEX® -

Some or all of the equity securities included in the EURO STOXX 50® Index or the Nasdaq-100 Index® have been issued by non-

U.S. companies. Investments in securities linked to the value of such non-U.S. equity securities involve risks associated with the

home countries and/or the securities markets in the home countries of the issuers of those non-U.S. equity securities. Also, there

is generally less publicly available information about companies in some of these jurisdictions than there is about U.S. companies

that are subject to the reporting requirements of the SEC.

• NO DIRECT EXPOSURE TO FLUCTUATIONS IN FOREIGN EXCHANGE RATES WITH RESPECT TO THE EURO STOXX 50®

INDEX -

The value of your notes will not be adjusted for exchange rate fluctuations between the U.S. dollar and the currencies upon which

the equity securities included in the EURO STOXX 50® Index are based, although any currency fluctuations could affect the

performance of the EURO STOXX 50® Index.

PS-8 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

The Indices

The S&P 500® Index consists of stocks of 500 companies selected to provide a performance benchmark for the large market

capitalization segment of the U.S. equity markets. For additional information about the S&P 500® Index, see "Equity Index Descriptions

- The S&P U.S. Indices" in the accompanying underlying supplement.

The EURO STOXX 50® Index is a free-float market capitalization-weighted index composed of 50 of the largest stocks in terms of free-

float market capitalization traded on the major exchanges of 11 Eurozone countries: Austria, Belgium, Finland, France, Germany,

Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. The EURO STOXX 50® Index and STOXX® are the intellectual

property (including registered trademarks) of STOXX Limited and/or its licensors (the "Licensors"), which are used under license. The

notes based on the EURO STOXX 50® Index are in no way sponsored, endorsed, sold or promoted by STOXX Limited and its

Licensors and neither STOXX Limited nor any of its Licensors shall have any liability with respect thereto. For additional information

about the EURO STOXX 50® Index, see "Equity Index Descriptions - The STOXX Benchmark Indices" in the accompanying

underlying supplement.

The Nasdaq-100 Index® is a modified market capitalization-weighted index that is designed to measure the performance of 100 of the

largest non-financial companies listed on The Nasdaq Stock Market. For additional information about the Nasdaq-100 Index®, see

"Equity Index Descriptions - The Nasdaq-100 Index®" in the accompanying underlying supplement, as supplemented by the following

updated information.

Nasdaq, Inc. ("Nasdaq"), the index sponsor of the Nasdaq-100 Index®, recently implemented several changes to the methodology of

the Nasdaq-100 Index®, including changes to the determination of market capitalization for purposes of constituent selection and

weighting, the introduction of an expedited "Fast Entry" process for certain large companies, the removal of the minimum free float

requirement for constituent selection and the introduction of a cap on the share count used to determine the weighting of low-float

securities. These changes became effective on May 1, 2026, with certain constituent and rebalancing adjustments first implemented

during the June 2026 quarterly review. The information set forth below supersedes the information regarding the Nasdaq-100 Index®

included in the accompanying underlying supplement to the extent inconsistent therewith.

Under the updated methodology, Nasdaq uses different measures of market capitalization for constituent selection and constituent

weighting. For purposes of constituent selection, Nasdaq now uses "Full Market Capitalization." For companies with direct (non-ADR)

listings and companies represented by an American depositary receipt ("ADR") that serves as a company's primary global listing (a

"Primary ADR"), Full Market Capitalization includes both listed and unlisted shares. For companies represented by an ADR where the

underlying shares serve as the company's primary global listing and are listed on a foreign exchange (a "Non-Primary ADR"), Full

Market Capitalization is based solely on the value of the listed depositary shares, and foreign-listed underlying shares and unlisted

shares are excluded. For purposes of constituent weighting, Nasdaq uses "Modified Market Capitalization," which takes into account

only eligible listed share classes and disregards foreign-listed and unlisted shares.

In addition, the updated methodology eliminates the minimum free float requirement for inclusion in the Nasdaq-100 Index®, although

the Modified Market Capitalization used for constituent weighting imposes a limitation on the weightings of low-float securities.

Specifically, for purposes of determining Modified Market Capitalization, each low-float security's share count is limited to the lesser of

(i) its reported total shares outstanding ("TSO") (or, in the case of an ADR, its listed ADR shares outstanding), and (ii) three times its

free-floating shares or free-floating ADR shares, as applicable. Other than as a direct result of corporate actions, the Nasdaq-100

Index® also no longer implements ad-hoc intra-quarter adjustments to a security's TSO between scheduled rebalancing events.

The updated methodology also introduces a "Fast Entry" process under which newly eligible securities, including both initial public

offerings and companies that have recently transferred their listing to an eligible exchange, may be added to the Nasdaq-100 Index® on

an expedited basis if their Full Market Capitalization would rank within the top 40 current index constituents and they satisfy the

applicable eligibility criteria. A Fast Entry inclusion will not require the removal of an existing constituent and may temporarily increase

the number of constituents in the Nasdaq-100 Index® above 100.

The updated methodology further provides for quarterly rebalances in March, June and September. During quarterly rebalances, the

index shares of each constituent are adjusted for changes in TSO, index shares of low-float securities are adjusted to reflect changes in

float, constituents ranked outside the top 125 by Full Market Capitalization are removed and, if necessary, replaced, and certain

additional companies whose Full Market Capitalization ranks within the top 40 of current index constituents may be added without

requiring a corresponding removal. Securities added to the Nasdaq-100 Index® between annual reconstitutions, including through the

Fast Entry process, as intra-quarter replacements or as part of a March, June or September quarterly rebalance, will have their initial

index weightings determined using a linear interpolation process based on their Modified Market Capitalization ranking.

Historical Information

The following graphs set forth the historical performance of each Index based on the weekly historical closing levels from January 8,

2021 through August 14, 2026. The closing level of the S&P 500® Index on August 14, 2026 was 7,785.76. The closing level of the

PS-9 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

EURO STOXX 50® Index on August 14, 2026 was 6,539.59. The closing level of the Nasdaq-100 Index® on August 14, 2026 was

30,046.14. We obtained the closing levels above and below from the Bloomberg Professional® service ("Bloomberg"), without

independent verification.

The historical closing levels of each Index should not be taken as an indication of future performance, and no assurance can be given

as to the closing level of any Index on the Pricing Date or any Review Date. There can be no assurance that the performance of the

Indices will result in the return of any of your principal amount or the payment of any interest.

PS-10 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

Tax Treatment

You should review carefully the section entitled "United States Federal Taxation" in the accompanying prospectus supplement. In

determining our reporting responsibilities we intend to treat (i) the notes for U.S. federal income tax purposes as prepaid forward

contracts with associated contingent coupons and (ii) any Contingent Interest Payments as ordinary income, as described in the section

entitled "United States Federal Taxation - Tax Consequences to U.S. Holders - Program Securities Treated as Prepaid Financial

Contracts with Associated Coupons" in the accompanying prospectus supplement. Based on the advice of Davis Polk & Wardwell LLP,

our special tax counsel, we believe that this is a reasonable treatment, but that there are other reasonable treatments that the IRS or a

court may adopt, in which case the timing and character of any income or loss on the notes could be materially affected. In addition, in

2007 Treasury and the IRS released a notice requesting comments on the U.S. federal income tax treatment of "prepaid forward

contracts" and similar instruments. The notice focuses in particular on whether to require investors in these instruments to accrue

income over the term of their investment. It also asks for comments on a number of related topics, including the character of income or

loss with respect to these instruments and the relevance of factors such as the nature of the underlying property to which the

instruments are linked. While the notice requests comments on appropriate transition rules and effective dates, any Treasury

regulations or other guidance promulgated after consideration of these issues could materially affect the tax consequences of an

investment in the notes, possibly with retroactive effect. The discussions above and in the accompanying prospectus supplement do

not address the consequences to taxpayers subject to special tax accounting rules under Section 451(b) of the Code. You should

consult your tax adviser regarding the U.S. federal income tax consequences of an investment in the notes, including possible

alternative treatments and the issues presented by the notice described above.

Non-U.S. Holders - Tax Considerations. The U.S. federal income tax treatment of Contingent Interest Payments is uncertain, and

although we believe it is reasonable to take a position that Contingent Interest Payments are not subject to U.S. withholding tax (at least

if an applicable Form W-8 is provided), it is expected that withholding agents will (and we, if we are the withholding agent, intend to)

withhold on any Contingent Interest Payment paid to a Non-U.S. Holder generally at a rate of 30% or at a reduced rate specified by an

applicable income tax treaty under an "other income" or similar provision. We will not be required to pay any additional amounts with

respect to amounts withheld. In order to claim an exemption from, or a reduction in, the 30% withholding tax, a Non-U.S. Holder of the

notes must comply with certification requirements to establish that it is not a U.S. person and is eligible for such an exemption or

reduction under an applicable tax treaty. If you are a Non-U.S. Holder, you should consult your tax adviser regarding the tax treatment

of the notes, including the possibility of obtaining a refund of any withholding tax and the certification requirement described above.

PS-11 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

Section 871(m) of the Code and Treasury regulations promulgated thereunder ("Section 871(m)") generally impose a 30% withholding

tax (unless an income tax treaty applies) on dividend equivalents paid or deemed paid to Non-U.S. Holders with respect to certain

financial instruments linked to U.S. equities or indices that include U.S. equities. Section 871(m) provides certain exceptions to this

withholding regime, including for instruments linked to certain broad-based indices that meet requirements set forth in the applicable

Treasury regulations. Additionally, a recent IRS notice excludes from the scope of Section 871(m) instruments issued prior to January

1, 2027 that do not have a delta of one with respect to underlying securities that could pay U.S.-source dividends for U.S. federal

income tax purposes (each an "Underlying Security"). Based on certain determinations made by us, we expect that Section 871(m) will

not apply to the notes with regard to Non-U.S. Holders. Our determination is not binding on the IRS, and the IRS may disagree with

this determination. Section 871(m) is complex and its application may depend on your particular circumstances, including whether you

enter into other transactions with respect to an Underlying Security. If necessary, further information regarding the potential application

of Section 871(m) will be provided in the pricing supplement for the notes. You should consult your tax adviser regarding the potential

application of Section 871(m) to the notes.

In the event of any withholding on the notes, we will not be required to pay any additional amounts with respect to amounts so withheld.

The Estimated Value of the Notes

The estimated value of the notes set forth on the cover of this pricing supplement is equal to the sum of the values of the following

hypothetical components: (1) a fixed-income debt component with the same maturity as the notes, valued using the internal funding

rate described below, and (2) the derivative or derivatives underlying the economic terms of the notes. The estimated value of the

notes does not represent a minimum price at which JPMS would be willing to buy your notes in any secondary market (if any exists) at

any time. The internal funding rate used in the determination of the estimated value of the notes may differ from the market-implied

funding rate for vanilla fixed income instruments of a similar maturity issued by JPMorgan Chase & Co. or its affiliates. Any difference

may be based on, among other things, our and our affiliates' view of the funding value of the notes as well as the higher issuance,

operational and ongoing liability management costs of the notes in comparison to those costs for the conventional fixed income

instruments of JPMorgan Chase & Co. This internal funding rate is based on certain market inputs and assumptions, which may prove

to be incorrect, and is intended to approximate the prevailing market replacement funding rate for the notes. The use of an internal

funding rate and any potential changes to that rate may have an adverse effect on the terms of the notes and any secondary market

prices of the notes. For additional information, see "Selected Risk Considerations - Risks Relating to the Estimated Value and

Secondary Market Prices of the Notes - The Estimated Value of the Notes Is Derived by Reference to an Internal Funding Rate" in this

pricing supplement.

The value of the derivative or derivatives underlying the economic terms of the notes is derived from internal pricing models of our

affiliates. These models are dependent on inputs such as the traded market prices of comparable derivative instruments and on

various other inputs, some of which are market-observable, and which can include volatility, dividend rates, interest rates and other

factors, as well as assumptions about future market events and/or environments. Accordingly, the estimated value of the notes is

determined when the terms of the notes are set based on market conditions and other relevant factors and assumptions existing at that

time.

The estimated value of the notes does not represent future values of the notes and may differ from others' estimates. Different pricing

models and assumptions could provide valuations for the notes that are greater than or less than the estimated value of the notes. In

addition, market conditions and other relevant factors in the future may change, and any assumptions may prove to be incorrect. On

future dates, the value of the notes could change significantly based on, among other things, changes in market conditions, our or

JPMorgan Chase & Co.'s creditworthiness, interest rate movements and other relevant factors, which may impact the price, if any, at

which JPMS would be willing to buy notes from you in secondary market transactions.

The estimated value of the notes will be lower than the original issue price of the notes because costs associated with selling,

structuring and hedging the notes are included in the original issue price of the notes. These costs include the selling commissions

paid to JPMS and other affiliated or unaffiliated dealers, the projected profits, if any, that our affiliates expect to realize for assuming

risks inherent in hedging our obligations under the notes, the estimated cost of hedging our obligations under the notes and the fees, if

any, paid for third-party data analytics and/or electronic platform services. Because hedging our obligations entails risk and may be

influenced by market forces beyond our control, this hedging may result in a profit that is more or less than expected, or it may result in

a loss. A portion of the profits, if any, realized in hedging our obligations under the notes may be allowed to other affiliated or

unaffiliated dealers, and we or one or more of our affiliates will retain any remaining hedging profits. See "Selected Risk Considerations

- Risks Relating to the Estimated Value and Secondary Market Prices of the Notes - The Estimated Value of the Notes Will Be Lower

Than the Original Issue Price (Price to Public) of the Notes" in this pricing supplement.

PS-12 | Structured Investments

Callable Contingent Interest Notes Linked to the Least Performing of the

S&P 500® Index, the EURO STOXX 50® Index and the Nasdaq-100 Index®

Secondary Market Prices of the Notes

For information about factors that will impact any secondary market prices of the notes, see "Risk Factors - Risks Relating to the

Estimated Value and Secondary Market Prices of the Notes - Secondary market prices of the notes will be impacted by many

economic and market factors" in the accompanying product supplement. In addition, we generally expect that some of the costs

included in the original issue price of the notes will be partially paid back to you in connection with any repurchases of your notes by

JPMS in an amount that will decline to zero over an initial predetermined period. These costs can include selling commissions,

projected hedging profits, if any, and, in some circumstances, estimated hedging costs, our internal secondary market funding rates for

structured debt issuances and the fees paid for third-party data analytics and/or electronic platform services. This initial predetermined

time period is intended to be the shorter of six months and one-half of the stated term of the notes. The length of any such initial period

reflects the structure of the notes, whether our affiliates expect to earn a profit in connection with our hedging activities, the estimated

costs of hedging the notes and when these costs are incurred, as determined by our affiliates. See "Selected Risk Considerations -

Risks Relating to the Estimated Value and Secondary Market Prices of the Notes - The Value of the Notes as Published by JPMS

(and Which May Be Reflected on Customer Account Statements) May Be Higher Than the Then-Current Estimated Value of the Notes

for a Limited Time Period" in this pricing supplement.

Supplemental Use of Proceeds

The notes are offered to meet investor demand for products that reflect the risk-return profile and market exposure provided by the

notes. See "How the Notes Work" and "Hypothetical Payout Examples" in this pricing supplement for an illustration of the risk-return

profile of the notes and "The Indices" in this pricing supplement for a description of the market exposure provided by the notes.

The original issue price of the notes is equal to the estimated value of the notes plus the selling commissions paid to JPMS and other

affiliated or unaffiliated dealers, plus (minus) the projected profits (losses) that our affiliates expect to realize for assuming risks inherent

in hedging our obligations under the notes, plus the estimated cost of hedging our obligations under the notes, plus the fees, if any, paid

for third-party data analytics and/or electronic platform services.

Additional Terms Specific to the Notes

You may revoke your offer to purchase the notes at any time prior to the time at which we accept such offer by notifying the applicable

agent. We reserve the right to change the terms of, or reject any offer to purchase, the notes prior to their issuance. In the event of any

changes to the terms of the notes, we will notify you and you will be asked to accept such changes in connection with your purchase.

You may also choose to reject such changes, in which case we may reject your offer to purchase.

You should read this pricing supplement together with the accompanying prospectus, as supplemented by the accompanying

prospectus supplement relating to our Series A medium-term notes of which these notes are a part, and the more detailed information

contained in the accompanying product supplement and the accompanying underlying supplement. This pricing supplement, together

with the documents listed below, contains the terms of the notes and supersedes all other prior or contemporaneous oral statements as

well as any other written materials including preliminary or indicative pricing terms, correspondence, trade ideas, structures for

implementation, sample structures, fact sheets, brochures or other educational materials of ours. This preliminary pricing

supplement amends and restates and supersedes the original preliminary pricing supplement related hereto dated August 14,

2026 in its entirety. You should not rely on the original preliminary pricing supplement related hereto dated August 14, 2026

in making your decision to invest in the notes. You should carefully consider, among other things, the matters set forth in the "Risk

Factors" sections of the accompanying prospectus supplement and the accompanying product supplement, as the notes involve risks

not associated with conventional debt securities. We urge you to consult your investment, legal, tax, accounting and other advisers

before you invest in the notes.

You may access these documents on the SEC website at www.sec.gov as follows (or if such address has changed, by

reviewing our filings for the relevant date on the SEC website):

• Product supplement no. 3-I dated April 17, 2026:

http://www.sec.gov/Archives/edgar/data/19617/000121390026045198/ea0285802-20_424b2.pdf

• Underlying supplement no. 1-I dated April 17, 2026:

http://www.sec.gov/Archives/edgar/data/19617/000121390026045209/ea0285802-11_424b2.pdf

• Prospectus supplement and prospectus, each dated April 17, 2026:

http://www.sec.gov/Archives/edgar/data/19617/000095010326005889/crt_dp245141-424b2.pdf

Our Central Index Key, or CIK, on the SEC website is 1665650, and JPMorgan Chase & Co.'s CIK is 19617. As used in this pricing

supplement, "we," "us" and "our" refer to JPMorgan Financial.

JPMorgan Chase & Co. published this content on August 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 17, 2026 at 20:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

Back

View original format