Exhibit 4.2


 








	
        NUMBER

__________s
	  	SHARES




 


AROWANA
INC.


 


INCORPORATED
UNDER THE LAWS OF THE CAYMAN ISLANDS


 


ORDINARY
SHARES


 


SEE
REVERSE FOR

CERTAIN DEFINITIONS


 





	This Certifies that	CUSIP __________                










 


is
the owner of


 


FULLY
PAID AND NON-ASSESSABLE ORDINARY SHARES OF THE PAR VALUE OF $.0001 EACH OF


 


AROWANA
INC.


 


transferable
on the books of the Company in person or by duly authorized attorney upon surrender of this certificate properly endorsed. The
Company will be forced to liquidate if it is unable to complete an initial business combination within the required time period
set forth in the Company’s amended and restated memorandum and articles of association, as the same may be amended from
time to time. This certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar. Witness
the facsimile seal of the Company and the facsimile signatures of its duly authorized officers.


 


Dated:


 





	 	 	 
	Chairman	 	Secretary







 






    	 



    	 



    

  


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 survivorship	                            under Uniform Gifts to Minors
	 	 	and not as tenants in common	                            Act ______________
	 	 	 	                                            (State)







 


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


 





AROWANA INC.


 


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 Preferred 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.


 


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)


 


                                                                                                                                                                                                                               


 


                                                                                                                                                                                                                               


 




                                                                                                                                                                                                                               
 ordinary shares represented by the within Certificate, and do hereby irrevocably constitute and appoint


 


                                                                                                                                                                                                                               Attorney
to transfer the said shares on the books of the within named Company with 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 be entitled
to receive funds from the trust account only in the event of the Company’s liquidation upon failure to consummate a business
combination within the required time period set forth in the Company’s Amended and Restated Memorandum and Articles of Association
as the same may be amended from time to time, or if the holder seeks to convert his shares upon consummation of A business combination
or in connection with certain amendments to the Company’s Amended and Restated Memorandum and Articles of Association. In
no other circumstances shall the holder have any right or interest of any kind in or to the trust account.