杰弗里金融集团股份有限公司美股招股说明书(2025-09-10版)

Jefferies Financial Group Inc. Market Linked Securities—Auto-Callable with Fixed Coupon and Contingent DownsidePrincipal at Risk Securities Linked to the Lowest Performing of the S&P 500®Index, the Russell 2000®Index and the NASDAQ-100 Index®due September 13, 2028 ■Linked to the lowest performing of the S&P 500®Index, the Russell 2000®Index and the NASDAQ-100 Index®(each referred to as an “Index”)■Unlike ordinary debt securities, the securities do not repay a fixed amount of principal at stated maturity and are subject to potential automatic call priorto stated maturity upon the terms described below. Whether the securities are automatically called prior to stated maturity and, if they are notautomatically called, whether you receive the face amount of your securities at stated maturity will depend, in each case, on the closing level of thelowest performing Index on the relevant call date or the final calculation day, as applicable. The lowest performing Index on any call date and on the finalcalculation day is the Index that has the lowest closing level on that date as a percentage of its starting level■Quarterly Coupon.The securities will pay a fixed coupon on a quarterly basis until the earlier of stated maturity or automatic call. The coupon rate is6.60% per annum■Automatic Call.If the closing level of the lowest performing Index on any of the quarterly call dates beginning approximately one year after issuance isgreater than or equal to its starting level, the securities will be automatically called for the face amount plus a final coupon payment■Potential Loss of Principal.If the securities are not automatically called prior to stated maturity, you will receive the face amount at stated maturity if,and only if, the closing level of the lowest performing Index on the final calculation day is greater than or equal to its threshold level. If the closing levelof the lowest performing Index on the final calculation day is less than its threshold level, you will lose more than 30%, and possibly all, of the faceamount of your securities.■The threshold value for each Index is equal to 70% of its starting level■If the securities are not automatically called prior to stated maturity, you will have full downside exposure to the lowest performing Index from its startinglevel if its closing level on the final calculation day is less than its threshold level, but you will not participate in any appreciation of any Index and will notreceive any dividends on securities included in any Index■If your securities are not automatically called prior to stated maturity, the maturity payment amount will depend solely on the performance of the Indexthat is the lowest performing Index on the final calculation day. You will not benefit in any way from the performance of the better performing Indices.Therefore, the maturity payment amount will be adversely affected if any Index performs poorly, even if the other Indices perform favorably■All payments on the securities are subject to our credit risk, and you will have no ability to pursue any securities included in any Index for payment; if wedefault on our obligations under the securities, you could lose some or all of your investment■No exchange listing; designed to be held to maturity We estimate that the value of each security on the pricing date is $963.90 per security. See “Estimated Value of the Securities” in this pricing supplement.The securities have complex features and investing in the securities involves risks not associated with an investment in conventional debt securities. See“Selected Risk Considerations” beginning on page PRS-10 herein and “Risk Factors” beginning on page PS-5 of the accompanying product supplement.The securities are senior unsecured obligations of Jefferies Financial Group Inc. and, accordingly, all payments are subject to our credit risk. If we defaulton our obligations under the securities, you could lose some or all of your investment. The securities are not savings accounts, deposits or otherobligations of a depository institution and are not insured by the Federal Deposit Insurance Corporation, the Deposit Insurance Fund or any othergovernmental agency.Neither the Securities and Exchange Commission nor any state securities commission or other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this pricing supplement or the accompanying product supplement, prospectus supplement andprospectus. Any representation to the contrary is a criminal offense. Wells Fargo Securities Jefferies Market Linked Securities—Auto-Callable with Fixed Coupon and Contingent DownsidePrincipal at Risk Securities Linked to the Lowest Performing of the S&P 500®Index, the Russell 2000®Indexand the NASDAQ-100 Index®due September 13, 2028 Market Linked Securities—Auto-Callable with Fixed Coupon and Contingent DownsidePrincipal at Risk Securities Linked to the Lowest Performing of the S&P 500®Index, the R