Document:

Exhibit 4.3

 

	
    NUMBER 

    [•]
	RIGHTS

 

A SPAC I ACQUISITION CORP.

 

INCORPORATED UNDER THE LAWS OF THE BRITISH VIRGIN
ISLANDS

 

RIGHT

SEE REVERSE FOR

CERTAIN DEFINITIONS

 

CUSIP
[•]

 

THIS CERTIFIES THAT, for value received

 

is the registered holder 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 A SPAC I Acquisition Corp. (the “Company”) for each Right evidenced by this Rights Certificate on 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 Rights 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.

 

Dated:

 

    

     

    

 

	 	 	 
	DIRECTOR	 	CHIEF FINANCIAL OFFICER

 

_____________________________________________

Continental Stock Transfer & Trust Company, as Rights Agent

 

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.

 

    

     

    

 

A 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 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.

 

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).Exhibit 4.4

 

SPECIMEN WARRANT CERTIFICATE

 

	 	 	 
	NUMBER	 	[    ] WARRANTS
	 	 	 

 

(THIS WARRANT WILL BE
VOID IF NOT EXERCISED PRIOR TO 5:00 P.M.

NEW YORK CITY TIME, FIVE
YEARS FROM THE CLOSING DATE OF THE COMPANY’S INITIAL

BUSINESS COMBINATION)

 

 

A SPAC I GROUP ACQUISITION
CORP.

CUSIP [•]

WARRANT

 

THIS WARRANT CERTIFIES
THAT, for value received                                         ,
or registered agents, is the registered holder of a Warrant or Warrants (the “Warrant”), expiring on a date which is five
(5) years from the completion of the Company’s initial business combination, to purchase three-fourths (3/4) of one fully paid and
non-assessable Class A ordinary share (the “Warrant Shares”), no par value, of A SPAC I Acquisition Corp., a British Virgin
Islands company (the “Company”), for each Warrant evidenced by this Warrant Certificate. This Warrant Certificate is subject
to and shall be interpreted under the terms and conditions of the Warrant Agreement (as defined below).

 

The
Warrant entitles the holder thereof to purchase from the Company, from time to time, in whole or in part, commencing on the later to occur
of (i) the completion of the Company’s initial business combination or (ii) twelve (12) months following the effective date of the
registration statement with respect to the Company’s initial public offering, a number of Warrant Shares initially at the price
of $11.50 per full share (the “Warrant Price”), upon surrender of this Warrant Certificate and payment of the Warrant Price
at the office or agency of Continental Stock Transfer & Trust (the “Warrant Agent”), such payment to be made subject to
the conditions set forth herein and in the Warrant Agreement, dated [·], 2022, between
the Company and the Warrant Agent (the “Warrant Agreement”). In no event shall the registered holder(s) of this Warrant be
entitled to receive a net-cash settlement in lieu of physical settlement in Warrant Shares of the Company. The Warrant Agreement provides
that, upon the occurrence of certain events, the Warrant Price and the number of Warrant Shares purchasable hereunder, set forth on the
face hereof, may be adjusted, subject to certain conditions. The term “Warrant Price” as used in this Warrant Certificate
refers to the price per full Warrant Share at which Warrant Shares may be purchased at the time the Warrant is exercised. The Warrant
Agreement provides that upon the occurrence of certain events the Warrant Price, the Redemption Trigger Price (as defined below), and
the number of Warrant Shares purchasable hereunder, set forth on the face hereof, may, subject to certain conditions, be adjusted.

 

This
Warrant will expire on the date first referenced above if it is not exercised prior to such date by the registered holder pursuant to
the terms of the Warrant Agreement or if it is not redeemed by the Company prior to such date.

 

    

     

    

 

Upon
any exercise of the Warrant for less than the total number of full Warrant Shares provided for herein, there shall be issued to the registered
holder(s) hereof or its assignee(s) a new Warrant Certificate covering the number of Warrant Shares for which the Warrant has not been
exercised.

 

Warrant
Certificates, when surrendered at the office or agency of the Warrant Agent by the registered holder(s) hereof in person or by attorney
duly authorized in writing, may be exchanged in the manner and subject to the limitations provided in the Warrant Agreement, but without
payment of any service charge, for another Warrant Certificate or Warrant Certificates of like tenor and evidencing in the aggregate a
like number of Warrants.

 

Upon
due presentment for registration of transfer of the Warrant Certificate at the office or agency of the Warrant Agent, a new Warrant Certificate
or Warrant Certificates of like tenor and evidencing in the aggregate a like number of Warrants shall be issued to the transferee(s) in
exchange for this Warrant Certificate, subject to the limitations provided in the Warrant Agreement, without charge except for any applicable
tax or other governmental charge.

 

The
Company and the Warrant Agent may deem and treat the registered holder(s) as the absolute owner(s) of this Warrant Certificate (notwithstanding
any notation of ownership or other writing hereon made by anyone) for the purpose of any exercise hereof, of any distribution to the registered
holder(s), and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary.

 

This
Warrant does not entitle the registered holder(s) to any of the rights of a shareholder of the Company.

 

After
the Warrant becomes exercisable and prior to its expiration date, the Company reserves the right to call the Warrant at any time, with
a notice of call in writing to the holder(s) of record of the Warrant, giving thirty (30) days’ written notice of such call if the
last reported sale price of the shares has been equal to or greater than $16.50 per share (the “Redemption Trigger Price”)
for any twenty (20) trading days within a thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which
notice of such call is given, provided that (i) a registration statement under the Securities Act of 1933, as amended (the “Act”)
with respect to the Class A ordinary shares underlying the Warrants issuable upon exercise must be effective and a current prospectus
must be available for use by the registered holders hereof or (ii) the Warrants may be exercised on cashless basis as set forth in the
Warrant Agreement and such cashless exercise is exempt from registration under the Act. The call price is $0.01 per Warrant Share.

 

If
the foregoing conditions are satisfied and the Company calls the Warrant for redemption, each holder will then be entitled to exercise
his, her or its Warrant prior to the date scheduled for redemption; provided that the Company may require the Registered Holder who desires
to exercise the Warrant, to elect cashless exercise as set forth in the Warrant Agreement, and such Registered Holder must exercise the
Warrants on a cashless basis if the Company so requires. Any Warrant either not exercised or tendered back to the Company by the end of
the date specified in the notice of call shall be canceled on the books of the Company and have no further value except for the $0.01
call price.

 

COUNTERSIGNED:

CONTINENTAL STOCK TRANSFER & TRUST

WARRANT AGENT

 

 

BY:________________________________

AUTHORIZED OFFICER

 

    2

     

    

 

DATED:_____________________________

 

(Signature)

CHIEF FINANCIAL OFFICER

 

(Seal)

 

(Signature)

SECRETARY

[REVERSE OF CERTIFICATE]

 

SUBSCRIPTION FORM

 

 To Be Executed
by the Registered Holder(s) in Order to Exercise Warrants

 

The
undersigned hereby irrevocably elects to exercise the right, represented by this Warrant Certificate, to receive Class A ordinary shares
in accordance with the terms of this Warrant Certificate and pursuant to the method selected below. Capitalized terms used herein and
not otherwise defined have the respective meanings set forth in the Warrant Certificate. PLEASE CHECK ONE METHOD OF PAYMENT:

 

	 	 	 	 	 
	 	 	
 

	 	a “Cash Exercise” with respect to                  Warrant Shares; and/or
	 	 	 
	 	 	
 

	 	
    a “Cashless Exercise” with respect to                 
    Warrant Shares because on

    the date of this exercise, there is no effective registration statement

    registering the Warrant Shares, or the prospectus contained therein
    is not available for the resale of the Warrant Shares, in which event the Company shall deliver to the registered holder(s)                 
    Class A ordinary shares pursuant to Section 3.3.2 of the Warrant Agreement.

 

 

The undersigned requests
that a certificate for such shares be registered in the name(s) of:

 

	 
	
 

	(PLEASE TYPE OR PRINT NAME(S) AND ADDRESS)
	 
	
 

 

    3

     

    

  

	 
	
 

	 
	
 

	(SOCIAL SECURITY OR TAX IDENTIFICATION NUMBER(S))

 

	 	 	 
	and be delivered to	 	
 

	 	 	(PLEASE PRINT OR TYPE NAME(S) AND ADDRESS)

 

and, if such number of
Warrants shall not be all the Warrants evidenced by this Warrant Certificate, that a new Warrant Certificate for the balance of such Warrants
be registered in the name of, and delivered to, the registered holder(s) at the address(es) stated below:

 

Dated:

 

	 
	
 

	(SIGNATURE(S))
	 
	
 

	(ADDRESS(ES))
	 
	
 

 

	 
	
 

	(TAX IDENTIFICATION NUMBER(S))

ASSIGNMENT

 

To Be Executed by the
Registered Holder in Order to Assign Warrants

 

For Value Received,                                     
hereby sell(s), assign(s), and transfer(s) unto

 

	 	 	 
	
 

	 	 
	(PLEASE TYPE OR PRINT NAME(S) AND ADDRESS(ES))	 	 
	 	 
	
 

	 	 

 

    4

     

    

 

	 	 
	
 

	 	 
	 	 
	
 

	 	 

(SOCIAL SECURITY OR TAX IDENTIFICATION NUMBER(S))

 

	 	 	 	 	 
	and to be delivered to	 	
 

	 	 
	 	 	(PLEASE PRINT OR TYPE NAME(S) AND ADDRESS(ES))	 	 
	 	 
	
 

	 	 
	 	 
	
 

	 	 

(SOCIAL SECURITY OR TAX IDENTIFICATION NUMBER(S))

 

of the Warrants represented
by this Warrant Certificate, and hereby irrevocably constitute and appoint                     
Attorney to transfer this Warrant Certificate on the books of the Company, with full power of substitution in the premises.

 

Dated:

 

	 	 
	
 

	 
	(SIGNATURE(S))	 

 

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).

  

    5

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