<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/RBELr11Jgeg3kZ8qb7nqfC5">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R8sLSP3fcYlpo2TNHbyFkQ8"/>
  <rdfs:label>Shelf Takedown</rdfs:label>
  <skos:altLabel>Drawdown</skos:altLabel>
  <skos:altLabel>Market-Responsive Securities Issuance</skos:altLabel>
  <skos:altLabel>Registered Offering Takedown</skos:altLabel>
  <skos:altLabel>Shelf Offering Takedown</skos:altLabel>
  <skos:definition>Shelf Takedown refers to the process of issuing and selling securities from an existing shelf registration. This method allows companies to quickly and efficiently raise capital by taking down portions of the previously registered securities when market conditions are favorable.</skos:definition>
</owl:Class>