加拿大帝国商业银行美股招股说明书(2026-04-28版)

$52,580,000Senior Global Medium-Term NotesAutocallable iShares®Expanded Tech-Software Sector ETF-Linked NotesdueApril 26, 2029 The notes do not bear interest.The notes will mature on the stated maturity date (April 26, 2029, subject to adjustment) unless they areautomatically called on either call observation date (May 4, 2027 and April 24, 2028, each subject to adjustment). Your notes will beautomatically called on a call observation date if the closing price of the iShares®Expanded Tech-Software Sector ETF (the “underlier”) on suchdate isgreater thanorequal tothe initial underlier price($85.20, which was the closing price of the underlier on the trade date), resulting in apayment on the corresponding call payment date equal to the principal amount of your notes times (i) 115.85% with respect to the first callobservation date and (ii) 131.70% with respect to the second call observation date.The return on your notes is linked to the performance of the underlier, and not to that of the underlying index on which the underlier is based.If your notes are not automatically called, the amount that you will be paid on your notes on the stated maturity date is based on the performance of the underlier as measured from the trade date (April 24, 2026) to and including the determination date (April 24, 2029, subjectto adjustment).At maturity, if the final underlier price on the determination date is greater than or equal to the trigger buffer price (90% of the initial underlier price), the return on your notes will be positive, and you will receive the maximum settlement amount of $1,475.50 for each $1,000 principalamount of your notes.If the final underlier price declines by more than 10% from the initial underlier price, the return on your notes willbe negative.You could lose your entire investment in the notes. The return on your notes is capped. The maximum payment you could receive for each $1,000 principal amount of your notes is $1,158.50 ifyour notes are automatically called on the first call observation date, $1.317.00 if your notes are automatically called on the second callobservation date, and $1,475.50 if your notes are not automatically called. If your notes are not automatically called on either call observation date, we will calculate the underlier return to determine your payment atmaturity, which is the percentage increase or decrease in the final underlier price from the initial underlier price. On the stated maturity date, foreach $1,000 principal amount of your notes, you will receive an amount in cash equal to: if the final underlier price isgreater than or equal tothe trigger buffer price, the maximum settlement amount of $1,475.50; orif the final underlier price isless thanthe trigger buffer price, thesumof (i) $1,000plus(ii) theproductof (a) the underlier returntimes(b) $1,000.This amount will be less than $1,000 and may be zero.The notes have complex features and investing in the notes involves risks not associated with an investment in conventional debt securities. See “Additional Risk Factors Specific to Your Notes” beginning on page PRS-9 of this Pricing Supplement and “Risk Factors” beginning onpage S-1 of the accompanying Underlying Supplement. Our estimated value of the notes on the trade date, based on our internal pricing models, is $962.30 per note. The estimated value is less than the initialissue price of the notes. See “Additional Information Regarding Estimated Value of the Notes” in this Pricing Supplement. The notes are unsecured obligations of Canadian Imperial Bank of Commerce and all payments on the notes are subject to the credit risk ofCanadian Imperial Bank of Commerce. The notes will not constitute deposits insured by the Canada Deposit Insurance Corporation, the U.S.Federal Deposit Insurance Corporation or any other government agency or instrumentality of Canada, the United States or any otherjurisdiction. The notes are not bail-inable debt securities (as defined on page 6 of the Prospectus). The notes will not be listed on any U.S.securities exchange. Neither the United States Securities and Exchange Commission (the “SEC”) nor any state or provincial securities commission has approvedor disapproved of these securities or determined if this Pricing Supplement or the accompanying Underlying Supplement, ProspectusSupplement or Prospectus is truthful or complete. Any representation to the contrary is a criminal offense. The issue price, agent’s commission and net proceeds listed above relate to the notes we will sell initially.We may decide to sell additional notes afterthe trade date, at issue prices and with agent’s commissions and net proceeds that differ from the amounts set forth above. The return (whether positiveor negative) on your investment will depend in part on the issue price you pay for your notes. The Bank may use this Pricing Supplement in the initial sale of the notes. Goldman Sachs & Co. LLC (“GS&Co.”) or any of its affiliates or agents may