<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R97tgzvknramX3sTnwyUZLN">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RCiwr86zmjFFCLgof7UXAiU"/>
  <rdfs:label>Naked Warrant</rdfs:label>
  <skos:altLabel>Third-Party Warrant</skos:altLabel>
  <skos:altLabel>Uncovered Warrant</skos:altLabel>
  <skos:prefLabel>Third-Party Issued Warrant</skos:prefLabel>
  <skos: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.</skos:definition>
</owl:Class>