Summary by Moomoo AI
JPMorgan Chase & Co. and its subsidiary JPMorgan Chase Funding Inc. have filed a Schedule 13G with the United States Securities and Exchange Commission on October 30, 2024, indicating a significant investment in Sky Quarry Inc. The filing reveals that JPMorgan Chase & Co. beneficially owns 2,249,882 shares of common stock in Sky Quarry Inc., which represents 13.5% of the company's class of securities. The shares are held with sole voting and dispositive power, and the investment is stated to be in the ordinary course of business, not intended to change or influence the control of Sky Quarry Inc. The address for both JPMorgan entities is 383 Madison Avenue, New York, NY, with both being organized under the laws of Delaware. The filing was made under Rule 13d-1(b) of the Securities Exchange Act of 1934, which is typically used by passive investors to report their holdings.