Specimen Right Certificate for BEST SPAC I Acquisition Corp. Rights
This certificate represents the right to receive one-tenth of a Class A ordinary share of BEST SPAC I Acquisition Corp. upon the company's completion of its initial business combination. The rights are only valid if the business combination occurs within the required period; otherwise, they expire and become worthless. Holders have no claim to the company's trust account and are not considered shareholders. The certificate can be transferred, but no fractional shares will be issued. The agreement is governed by New York law.
Exhibit 4.3
SPECIMEN RIGHT CERTIFICATE
| NUMBER | RIGHTS | |
| R-__________ | ||
| SEE REVERSE FOR CERTAIN DEFINITIONS | BEST SPAC I ACQUISITION CORP. | CUSIP G1069P 129 |
INCORPORATED UNDER THE LAWS OF THE BRITISH VIRGIN ISLANDS
RIGHT
| THIS CERTIFIES THAT | ||
| is the owner of |
a right or rights (each, a “Right”) to automatically receive one-tenth of one Class A ordinary share, no par value (“Ordinary Share”), of BEST SPAC I Acquisition Corp. (the “Company”) for each Right evidenced by this Right Certificate upon the Company’s completion of an initial business combination (as defined in the prospectus relating to the Company’s initial public offering (“Prospectus”)) upon surrender of this Right Certificate pursuant to the Rights Agreement between the Company and Continental Stock Transfer & Trust Company, as Rights Agent. In no event will the Company be required to net cash settle any Right.
Upon liquidation of the Company in the event an initial business combination is not consummated during the required period as identified in the Company’s Amended and Restated Memorandum and Articles of Association, the Right shall expire and be worthless. The holder of a Right shall have no right or interest of any kind in the Company’s trust account (as defined in the Prospectus).
Upon due presentment for registration of transfer of the Right Certificate at the office or agency of the Rights Agent, a new Right Certificate or Right Certificates of like tenor and evidencing in the aggregate a like number of Rights shall be issued to the transferee in exchange for this Right Certificate, without charge except for any applicable tax or other governmental charge. The Company shall not issue fractional shares upon exchange of Rights. The Company reserves the right to deal with any fractional entitlement at the relevant time in any manner (as provided in the Rights Agreement).
The Company and the Rights Agent may deem and treat the registered holder as the absolute owner of this Right Certificate (notwithstanding any notation of ownership or other writing hereon made by anyone), for the purpose of any conversion hereof, of any distribution to the registered holder, and for all other purposes, and neither the Company nor the Right Agent shall be affected by any notice to the contrary.
This Right does not entitle the registered holder to any of the rights of a shareholder of the Company.
This Rights Certificate shall be governed and construed in accordance with the internal laws of the State of New York, without regard to conflicts of laws principles thereof.
Dated:
| By | ||||
| Chief Executive Officer | Chief Financial Officer | |||
BEST SPAC I Acquisition Corp.
The Company will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative, participating, optional or other special rights of each class of shares or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences and/or rights. This certificate and the rights represented thereby are issued and shall be held subject to all the provisions of the Company’s Amended and Restated Memorandum and Articles of Association and all amendments thereto and resolutions of the Board of Directors providing for the issue of Ordinary Shares (copies of which may be obtained from the secretary of the Company), to all of which the holder of this certificate by acceptance hereof assents.
The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations:
| TEN COM- | as tenants in common | UNIF GIFT MIN ACT - | Custodian | |||||
| TEN ENT- | as tenants by the entireties | (Cust) | (Minor) | |||||
| JT TEN- | as joint tenants with right of | Under Uniform Gifts to Minors | ||||||
| survivorship and not as | Act | |||||||
| tenants in common | (State) | |||||||
Additional Abbreviations may also be used though not in the above list.
For value received, ___________________________ hereby sell, assign and transfer unto
| PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE | |
(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)
rights represented by the within Certificate, and do hereby irrevocably constitute and appoint
Attorney to transfer said rights on the books of the within named Company will full power of substitution in the premises.
| Dated | ||||
| Notice: | The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever. | |||
Signature(s) Guaranteed:
THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15).
The holder of this certificate shall have no right or interest of any kind in or to the funds held in the Company’s trust account (as defined in the Prospectus).
3
