Specimen Subunit Certificate
|NUMBER SUBUNITS SU-|
|SEE REVERSE FOR CERTAIN DEFINITIONS||CUSIP [ ]|
GLOBAL SPAC PARTNERS CO.
SUBUNITS CONSISTING OF ONE CLASS A ORDINARY SHARE AND ONE-QUARTER OF ONE
WARRANT TO PURCHASE ONE CLASS A ORDINARY SHARE
|THIS CERTIFIES THAT||is the owner of||Subunits.|
Each Subunit (“Subunit”) consists of one Class A ordinary share, par value $.0001 per share (“Ordinary Shares”), and one-quarter of one (1) warrant (“Warrant”) of Global SPAC Partners Co., a Cayman Islands exempted company (the “Company”). Each whole Warrant entitles the holder to purchase one (1) Ordinary Share (subject to adjustment) for $11.50 per share (subject to adjustment). Each Warrant will become exercisable on the later of (i) thirty (30) days after the Company’s completion of a merger, share exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (each a “Business Combination”), or (ii) twelve (12) months from the closing of the Company’s initial public offering, and will expire, unless exercised before 5:00 p.m., New York City Time, on the date that is five (5) years after the date on which the Company completes its initial Business Combination, or earlier upon redemption or liquidation. The Ordinary Shares and Warrants comprising the Subunits represented by this certificate are not transferable separately until the Company consummates its initial Business Combination. The terms of the Warrants are governed by a Warrant Agreement, dated as of , 2021, between the Company and Continental Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof. Copies of the Warrant Agreement are on file at the office of the Warrant Agent at One State Street, New York, New York 10004, and are available to any Warrant holder on written request and without cost.
The Company will be forced to redeem all of the Subunits sold in its initial public offering if it is unable to complete a Business Combination by , 2023, as more fully described in the Company’s final prospectus dated , 2021.
This certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company.
This certificate shall be governed by and construed in accordance with the internal laws of the State of New York.
Witness the facsimile signature of its duly authorized officers.
|Chief Executive Officer||Secretary|
Global SPAC Partners Co.
The Company will furnish without charge to each subunit holder who so requests, a statement of 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.
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|
|under Uniform Gifts to Minors Act|
|JT TEN||—||as joint tenants with right of survivorship and not as tenants in common|
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)|
Subunits represented by the within Certificate, and does hereby irrevocably constitute and appoint
Attorney to transfer the said Subunits on the books of the within named Company with full power of substitution in the premises.
|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.|
|THE SIGNATURE(S) MUST 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 UNDER THE SECURITIES ACT OF 1933, AS AMENDED).|
In each case, as more fully described in the Company’s final prospectus dated , 2021, the holder(s) of this certificate shall be entitled to receive a pro-rata portion of certain funds held in the trust account established in connection with its initial public offering only in the event that (i) the Company redeems the Subunits sold in its initial public offering and liquidates because it does not consummate an initial Business Combination by , 2023, (ii) the Company redeems the Subunits sold in its initial public offering in connection with a shareholder vote to amend the Company’s amended and restated memorandum and articles of association to modify the substance and timing of the Company’s obligation to redeem 100% of the Subunits if it does not consummate an initial Business Combination by , 2023, or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective Subunits in connection with a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder approval of the proposed initial Business Combination) setting forth the details of a proposed initial Business Combination. In no other circumstances shall the holder(s) have any right or interest of any kind in or to the trust account.