http://archive.fast-edgar.com/20260924/AC2ZV22CFZ22B2ZZ2KZE2W4Z343TZ2I2Z28Q
Filed on: September 24, 2026
The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement and the accompanying prospectus, prospectus supplement and underlying supplement do not constitute an offer to sell these Notes, and we are not soliciting an offer to buy these Notes in any state where the offer or sale is not permitted.
Subject to CompletionPreliminary Pricing... (continue reading...)
Preliminary Pricing Supplement No. 18,985
Registration Statement Nos. 333-293641; 333-293641-01
Dated September 24, 2026
Filed pursuant to Rule 424(b)(2)
Morgan Stanley Finance LLC
Structured Investments
Contingent Income Memory Buffered Auto-Callable Securities due October 15, 2031
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