Exhibit 4.2


 


	NUMBER	NUMBER

C

SHARES

SEE REVERSE FOR

CERTAIN DEFINITIONS

CUSIP 


 


AJAX
I

INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDS

CLASS A ORDINARY SHARES


 


	This Certifies that 	   
	 	 
	is the owner of	 



 


FULLY PAID AND NON-ASSESSABLE CLASS A ORDINARY SHARES OF THE PAR
VALUE OF U.S.$0.0001 EACH OF


 


AJAX
I

(THE “COMPANY”)


 


transferable on the register of members of the Company in person
or by duly authorized attorney upon surrender of this certificate properly endorsed.


 


The Company will be forced to redeem all of its Class A
Ordinary Shares if it is unable to complete a business combination by
                    ,
2022, or such by later date approved by the Company’s shareholders in accordance with the Company’s amended and
restated memorandum and articles of association, all as more fully described in the Company’s final prospectus
dated           , 2020.


 


This certificate is not valid unless countersigned by the Transfer
Agent and registered by the Registrar of the Company.


 


Witness the facsimile signatures of its duly authorized officers.


 


	       	 	      
	
        

        [TITLE]

        
	 	
        [TITLE]

        






 






     


     


    

 


AJAX
I


 


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 shares represented thereby are issued and shall be held subject to all the provisions of the amended and
restated memorandum and articles of association and all amendments thereto and resolutions of the Board of Directors providing
for the issue of securities (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)

under Uniform Gifts to Minors
	JT TEN	— as joint tenants with right of
    survivorship and not as tenants in common	 	Act   __________

    (State)
	 	 	 	 


Additional abbreviations may also be used though not in the above
list.


 


For value received, __________________ hereby sells, assigns
and transfers unto


 


	
         

        (PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING
        NUMBER(S) OF ASSIGNEE(S))

	(PLEASE PRINT OR TYPEWRITE NAME(S) AND ADDRESS(ES), INCLUDING ZIP CODE, OF ASSIGNEE(S))
	 
	 
	Shares represented by the within Certificate, and does hereby irrevocably constitute and appoint
	Attorney to transfer the said shares on the register of members of the within named Company with full power of substitution in the premises.
	Dated:
	 
	 



 






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        NOTICE: THE SIGNATURE(S) 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:

By
	 


 


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 UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED).


 


In each case, as more fully described in the Company’s final
prospectus dated                 , 2020, 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 Class A Ordinary Shares sold in its initial
public offering and liquidates because it does not consummate an initial business combination by                     ,
2022, or by such later date approved by the Company’s shareholders in accordance with the Company’s amended and restated
memorandum and articles of association, (ii) the Company redeems the Class A Ordinary Shares 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
(A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the Company’s
initial business combination or to redeem 100% of the Class A Ordinary Shares if it does not complete its initial business combination
by                     , 2022,
or by such later date approved by the Company’s shareholders in accordance with the Company’s amended and restated
memorandum and articles of association, or (B) with respect to any other provision relating to the holder(s)’(s) rights or
pre-initial business combination activity, or (iii) if the holder(s) seek(s) to redeem for cash his, her, its or their respective
Class A Ordinary Shares 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 to or in the trust account.


 


 

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