{"iri":"https://folio.openlegalstandard.org/R97tgzvknramX3sTnwyUZLN","label":"Naked Warrant","sub_class_of":["https://folio.openlegalstandard.org/RCiwr86zmjFFCLgof7UXAiU"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Third-Party Issued Warrant","alternative_labels":["Third-Party Warrant","Uncovered Warrant"],"translations":{},"hidden_label":null,"definition":"A Naked Warrant is a financial instrument issued by a third party that is not the issuer of the underlying securities to which the warrant refers. The issuer of the naked warrant does not hold a sufficient quantity of the underlying securities to cover all the warrants if they are exercised, which differentiates it from a traditional warrant.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}