{"iri":"http://lmss.sali.org/R97tgzvknramX3sTnwyUZLN","id":"R97tgzvknramX3sTnwyUZLN","label":"Naked Warrant","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.","prefLabels":["Third-Party Issued Warrant"],"altLabels":["Third-Party Warrant","Uncovered Warrant"],"examples":[],"notes":[],"sources":["https://nna.jse.co.za/Help/cfi.htm"],"branch":{"iri":"http://lmss.sali.org/RCIwc6WJi6IT7xePURxsi4T","label":"Asset Type"},"parents":[{"iri":"http://lmss.sali.org/RCiwr86zmjFFCLgof7UXAiU","id":"RCiwr86zmjFFCLgof7UXAiU","label":"Warrants - Assets"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R97tgzvknramX3sTnwyUZLN/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}