Document:

Exhibit 4.1

   

  NUMBER U-

  UNITS

    SEE REVERSE FOR CERTAIN DEFINITIONS

    CUSIP 46653C 205

   

  Jackson Acquisition Company

      

      UNITS CONSISTING OF ONE SHARE OF CLASS A COMMON STOCK AND ONE-THIRD OF ONE WARRANT TO PURCHASE ONE SHARE OF CLASS A COMMON STOCK

   

  THIS CERTIFIES THAT                                is the owner of                      Units.

   

  Each Unit (“Unit”) consists of one (1) share of Class A common stock, par value $0.0001 per share (“Common Stock”), of Jackson Acquisition Company, a Delaware corporation (the “Company”),
    and one-third (1/3) of one warrant (each whole warrant, a “Warrant”). Each whole Warrant entitles the holder to purchase one (1) share (subject to adjustment) of Common Stock for $11.50 per share (subject to adjustment). Only whole Warrants are
    exercisable. Each Warrant will become exercisable commencing on the later of (i) the date that is thirty (30) days after the Company’s completion of its initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other
    similar business combination with one or more businesses (each, a “Business Combination”), and (ii) twelve (12) months from the date of the closing of the Company’s initial public offering, and, unless exercised earlier, will expire at 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 thereof or the Company’s liquidation. The shares of Common Stock and Warrants comprising the
    Units represented by this certificate are not transferable separately prior to [•], 2021, unless BofA Securities, Inc. elects to allow separate trading earlier, subject to the Company’s filing of a Current Report on Form 8-K with the Securities and
    Exchange Commission containing an audited balance sheet reflecting the Company’s receipt of the gross proceeds of its initial public offering and the Company issuing a press release announcing when separate trading will begin. No fractional Warrants
    will be issued upon separation of the Units and only whole Warrants will trade following such separation. 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 (the “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 30th Floor, New York, New York 10004, and are available to any Warrant holder on written request and without cost.

   

  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.

   

  	
          Treasurer

        	
           

        	
          President

        
	
           

        	
           

        	
           

        
	
           

        	
           

        	
           

        

   

  	
          Continental Stock Transfer & Trust Company,                      

        	
           

        
	
          as Transfer Agent and Registrar

        	
           

        
	
           

        	
           

        	
           

        
	
           

        	
           

        	
           

        
	
          By:

        	
           

        	
           

        
	
          Title:

        	
           

        	
           

        

   

   

  
    1 

    
      
 

  

   

  Jackson Acquisition Company

   

  The Company will furnish without charge to each unitholder who so requests, a statement of 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.

   

  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 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)

   

  _______ Units represented by the within Certificate, and do hereby irrevocably constitute and appoint

   

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

   

  Dated

   

  	
          Signature(s) Guaranteed:

          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 RULE 17Ad-15 (OR ANY SUCCESSOR RULE) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

        	
           

        	
          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.

        

  
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  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 the Company’s initial public offering only in the event that (i) the Company redeems the shares of its Common Stock sold in the Company’s initial public offering and liquidates because it does
    not consummate an initial Business Combination by [•], 2023 (or such later date as may be approved by the Company’s stockholders in accordance with its amended and restated certificate of incorporation), (ii) the Company redeems shares of its 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 (A) to modify the substance or timing of the Company’s obligation to allow redemptions in
    connection with its initial Business Combination or to redeem 100% of the shares of its Common Stock sold in its initial public offering if it does not consummate an initial Business Combination by [•], 2023 or (B) with respect to any other provision
    relating to stockholder rights or pre-initial Business Combination activity, or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective shares of 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.

   

  3Exhibit 4.2

   

  NUMBER C-

    SHARES

    SEE REVERSE FOR CERTAIN DEFINITIONS

    CUSIP 46653C 106

  Jackson Acquisition Company

   

  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 CLASS A COMMON STOCK, PAR VALUE OF $0.0001 EACH, OF

   

  Jackson Acquisition Company

      (THE “CORPORATION”)

   

  transferable on the books of the Corporation in person or by duly authorized attorney upon surrender of this certificate properly endorsed.

   

  The Corporation will be forced to redeem all of its shares of Class A common stock if it is unable to complete a business combination by [•], 2023, or such later date as may be approved by
    the Corporation’s stockholders, all as more fully described in the Corporation’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 Corporation and the facsimile signatures of its duly authorized officers.

   

  	
          Treasurer

        	
           

        	
          [Corporate Seal]

        	
           

        	
          President

        	
           

        
	
           

        	
           

        	
          Delaware

        	
           

        	
           

        	
           

        
	
           

        	
           

        	
           

        	
           

        	
           

        	
           

        

   

  	
          Continental Stock Transfer & Trust Company,

        	
           

        
	
          as Transfer Agent and Registrar

        	
           

        
	
           

        	
           

        	
           

        
	
          By:

        	
           

        	
           

        
	
          Title:

        	
           

        	
           

        

    

  
    1 

    
      
 

  

  
   

  Jackson Acquisition Company

   

  The Corporation 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 Corporation 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 Corporation’s amended and restated certificate of incorporation and all amendments thereto and restatements thereof and resolutions of the Board of Directors providing for the issue of shares of its stock (copies of which may be obtained from
    the secretary of the Corporation), 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 Corporation 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 RULE 17Ad-15 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (OR ANY SUCCESSOR RULE).

   

  
    2 

    
      
 

  

  
   

  In each case, as more fully described in the Corporation’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 the Corporation’s initial public offering only in the event that (i) the Corporation redeems the shares of its Class A common stock sold in the Corporation’s initial public offering and
    liquidates because it does not consummate an initial business combination by [•], 2023 (or such later date as may be approved by the Corporation’s stockholders in accordance with its amended and restated certificate of incorporation), (ii) the
    Corporation redeems shares of its Class A common stock sold in its initial public offering in connection with a stockholder vote to amend the Corporation’s amended and restated certificate of incorporation (A) to modify the substance or timing of the
    Corporation’s obligation to allow redemptions in connection with its initial business combination or to redeem 100% of the shares of its Class A common stock sold in its initial public offering if it does not consummate an initial business combination
    by [•], 2023 or (B) with respect to any other provision relating to stockholder rights or pre-initial business combination activity, 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 Corporation 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.

  

  

  

   

  3

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