Document:

Exhibit
4.2

 

	NUMBER	 	 
	 	 	C-
	 	 	 
	 	 	SHARES
	 	 	 
	 	 	SEE
    REVERSE FOR CERTAIN DEFINITIONS
	 	 	 
	 	 	CUSIP
    78661R 106

 

SAGALIAM
ACQUISITION CORP.

INCORPORATED
UNDER THE LAWS OF THE STATE OF DELAWARE

CLASS A COMMON STOCK

 

This
Certifies that

is
the owner of

FULLY
PAID AND NON-ASSESSABLE SHARES OF THE PAR VALUE OF $0.0001 EACH OF THE CLASS A COMMON STOCK OF

 

SAGALIAM
ACQUISITION CORP.

(THE “COMPANY”)

 

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 redeem all of its shares of Class A common stock if it is unable to complete a business combination within
the time period set forth in the Company’s amended and restated certificate of incorporation, as the same may be amended from time
to time, all as more fully described in the Company’s final prospectus dated , 2021.

 

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

 

Witness
the seal of the Company and the facsimile signatures of its duly authorized officers.

 

	Chief
    Executive Officer	 	[Corporate Seal]

                                                                                Delaware
		Chief
    Financial Officer
	 	 	 	 	 
	 	 	 	 	 

 

SAGALIAM
ACQUISITION CORP.

 

The
Company will furnish without charge to each stockholder who so requests the powers, designations, preferences and relative, participating,
optional or other special rights of each class of stock 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 Company’s amended and restated certificate of incorporation 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)

 

	JT
    TEN	-	as
    joint tenants with right of survivorship and not as tenants in common	 	 	under
    Uniform Gifts to Minors 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
of the capital stock represented by the within Certificate, and hereby irrevocably constitutes and appoints

Attorney to transfer the
said stock on the books of the within named Company with full power of substitution in the premises.

 

	Dated:	 
	 	 
	 	 

  

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 (OR ANY SUCCESSOR RULE).

 

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 shares of Class A common stock sold in the Company’s initial public offering and
liquidates because it does not consummate an initial business combination within the time period set forth in the Corporation’s
amended and restated certificate of incorporation, as the same may be amended from time to time (such date being referred to herein as
the “Last Date”), (ii) the Company redeems the shares of Class A common stock sold in its initial public offering in connection
with a stockholder vote to amend the Company’s amended and restated certificate of incorporation to modify the substance or timing
of the Company’s obligation to redeem 100% of the Class A common stock if it does not consummate an initial business combination
by the Last Date, or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective shares of Class A common stock in connection
with a tender offer (or proxy solicitation, solely in the event the Company seeks stockholder 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.Exhibit
4.3

 

	NUMBER 

    SAGAR
	RIGHTS

 

SAGALIAM
ACQUISITION CORP.

INCORPORATED
UNDER THE LAWS OF THE DELAWARE

RIGHT

 

SEE
REVERSE FOR

CERTAIN
DEFINITIONS

CUSIP
78661R 114

 

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 share of common stock,
$0.0001 par value (“Common Stock”), of Sagaliam 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 Articles of Incorporation, 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.

 

	Dated:	 	 
	 	 	 
	CHAIRMAN	 	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	 
	 	 	 	 	 	 	(Cust)	 	(Minor)
	TEN
    ENT	-	as
    tenants by the entireties	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	JT
    TEN	-	as
    joint tenants with right of survivorship and not as tenants in common	 	 	under Uniform Gifts to Minors

                                                                                Act

	 	 	 	 	(State)

 

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

 

    	 

     

    

 

Sagaliam
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 Articles of Incorporation and all amendments thereto and resolutions of the Board of Directors providing for the issue
of shares of Common Stock (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).

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