GCC U232-P25 DRIVER

The notes are not designed to be short-term trading instruments. If the notes have not been automatically called and the Final Value of either Index is less than its Initial Value by more than the Buffer Amount, you will lose 1. Assuming that the treatment of the notes as units each comprising a Put Option and a Deposit is respected, amounts treated as interest on the Deposit will be taxed as ordinary income, while the Put Premium will not be taken into account prior to sale or settlement, including a settlement following an Automatic Call. The notes will be automatically called if the closing level of each Index on any Review Date other than the final Review Date is greater than or equal to its Initial Value. If these fees and expenses were included, the hypothetical returns and hypothetical payments shown above would likely be lower. Prospectus supplement and prospectus, each dated April 15, You should consider your potential investment in the notes based on the minimums for the estimated value of the notes and the Interest Rate.

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Gcc usb parallel u p25 :: Old Windows Drivers

Small capitalization companies may be less able to withstand adverse economic, market, trade and competitive conditions relative to larger companies. Prospectus supplement and prospectus, each dated April 15, Any representation to the contrary is a criminal offense.

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. 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.

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Notes NOT automatically called. Supplemental Use of Proceeds. Additional Terms Specific to the Notes. Investors in the notes should be willing to accept the risk of losing some or all of their u232-o25. We and our affiliates play a variety of roles in connection with the notes.

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With respect to each Index, the closing level of that Index on the final Review Date. Subject to completion dated October h232-p25, 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.

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Accordingly, you should be able and willing to hold your notes to maturity. Number of Interest Payments. The information in this preliminary pricing supplement is not complete and may be changed. The value of the derivative or derivatives underlying the economic terms of the notes is derived from internal pricing models of our affiliates.

We urge you to consult your investment, legal, tax, accounting and other advisers before you invest in the notes.

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This preliminary pricing supplement is not an offer to sell nor does it seek an fcc to buy these securities in any jurisdiction where the offer or sale is not permitted. These hypotheticals do not reflect the fees or expenses that would be associated with any sale in the secondary market. On or about October 13, 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.

If the notes have not been automatically called and the Final Value of either Index is less than its U32-p25 Value by more than the Buffer Amount, you will lose some gcc all of your principal amount at maturity.

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. Fees and Commissions 2. Third and Fourth Review Dates. The following examples illustrate payments on the notes linked to two hypothetical Indices, assuming a range of performances for the hypothetical Lesser Performing Index on the Review Dates.

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Accordingly, under these circumstances, you will lose some or all of your principal amount at maturity. If your notes are automatically called, the term of the notes may be reduced to as short as approximately six months and you will not receive any Interest Payments after the applicable Call Settlement Date.

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. Notes are automatically called. 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 notes are expected to price on or about October 7, and are expected to settle on or about October 13, The notice focuses on a number of issues, the most relevant of which for investors in the notes are the character of income or loss including whether the Put Premium might be currently included as ordinary income and the degree, if any, to which income realized by non-U.

You may also choose to reject such changes, in which case we may reject your offer to purchase. We will determine the portion of each Interest Payment on the notes that we will allocate to interest on the Deposit and to Put Premium, respectively, and will provide that allocation in the pricing supplement for the notes.

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.