Document:

dice-ex43_652.htm

Exhibit 4.3

DESCRIPTION OF THE REGISTRANT’S SECURITIES REGISTERED

PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

The following description summarizes the most important terms of our capital stock. Because it is only a summary, it does not contain all the information that may be important to you. For a complete description, you should refer to our restated certificate of incorporation and restated bylaws and to the applicable provisions of Delaware law.

Our authorized capital stock consists of 500,000,000 shares of common stock, $0.0001 par value per share, and 10,000,000 shares of undesignated preferred stock, $0.0001 par value per share. 

Common Stock

Dividend Rights 

Subject to preferences that may apply to any shares of preferred stock outstanding at the time, the holders of our common stock are entitled to receive dividends out of funds legally available if our board of directors, in its discretion, determines to issue dividends and then only at the times and in the amounts that our board of directors may determine.  

Voting Rights 

Holders of our common stock are entitled to one (1) vote for each share of common stock held on all matters submitted to a vote of stockholders. Our restated certificate of incorporation does not provide for cumulative voting for the election of directors in our restated certificate of incorporation. Accordingly, holders of a majority of the shares of our common stock are able to elect all of our directors. Our restated certificate of incorporation established a classified board of directors, divided into three classes with staggered three-year terms. Only one class of directors will be elected at each annual meeting of our stockholders, with the other classes continuing for the remainder of their respective three-year terms.

No Preemptive or Similar Rights 

Our common stock is not entitled to preemptive rights, and neither is subject to conversion, redemption or sinking fund provisions. 

Right to Receive Liquidation Distributions 

Upon our liquidation, dissolution or winding-up, the assets legally available for distribution to our stockholders would be distributable ratably among the holders of our common stock and any participating preferred stock outstanding at that time, subject to prior satisfaction of all outstanding debt and liabilities and the preferential rights of and the payment of liquidation preferences, if any, on any outstanding shares of preferred stock. 

Preferred Stock 

 

We have no shares of preferred stock outstanding. Our board of directors is authorized, subject to limitations prescribed by Delaware law, to issue preferred stock in one or more series, to establish from time to time the number of shares to be included in each series and to fix the designation, powers, preferences and rights of the shares of each series and any of their qualifications, limitations or restrictions, in each case without further vote or action by our stockholders. Our board of directors is also able to increase or decrease the number of shares of any series of preferred stock, but not below the number of shares of that series then outstanding, without any further vote or action by our stockholders. Our board of directors may authorize the issuance of preferred stock with voting or conversion rights that could adversely affect the voting power or other rights of the holders of our common stock. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions and other corporate purposes, could, among other things, have the effect of delaying, deferring or preventing a change in 

 

 

control of our company and might adversely affect the market price of our common stock and the voting and other rights of the holders of our common stock. We have no current plan to issue any shares of preferred stock. 

Anti-takeover Provisions

The provisions of DGCL, our restated certificate of incorporation and our restated bylaws could have the effect of delaying, deferring or discouraging another person from acquiring control of our company. These provisions, which are summarized below, may have the effect of discouraging takeover bids. They are also designed, in part, to encourage persons seeking to acquire control of us to negotiate first with our board of directors. We believe that the benefits of increased protection of our potential ability to negotiate with an unfriendly or unsolicited acquirer outweigh the disadvantages of discouraging a proposal to acquire us because negotiation of these proposals could result in an improvement of their terms. 

Delaware Law 

        We are subject to the provisions of Section 203 of the DGCL regulating corporate takeovers. In general, Section 203 prohibits a publicly held Delaware corporation from engaging in a “business combination” with an “interested stockholder” for a period of three years following the date on which the person became an interested stockholder unless: 

	
 
	
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prior to the date of the transaction, the board of directors of the corporation approved either the business combination or the transaction which resulted in the stockholder becoming an interested stockholder;

 

	
 
	
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the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, excluding for purposes of determining the voting stock outstanding, but not the outstanding voting stock owned by the interested stockholder, (i) shares owned by persons who are directors and also officers and (ii) shares owned by employee stock plans in which employee participants do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or

 

	
 
	
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at or subsequent to the date of the transaction, the business combination is approved by the board of directors of the corporation and authorized at an annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least 66.67% of the outstanding voting stock that is not owned by the interested stockholder.

       Generally, a business combination includes a merger, asset or stock sale, or other transaction or series of transactions together resulting in a financial benefit to the interested stockholder. An interested stockholder is a person who, together with affiliates and associates, owns or, within three years prior to the determination of interested stockholder status, did own 15% or more of a corporation’s outstanding voting stock. We expect the existence of this provision to have an anti-takeover effect with respect to transactions our board of directors does not approve in advance. We also anticipate that Section 203 may also discourage attempts that might result in a premium over the market price for the shares of common stock held by stockholders

Anti-takeover Effects of Certain Provisions of Our Restated Certificate of Incorporation and Restated Bylaws 

Our restated certificate of incorporation and our restated bylaws include a number of provisions that could deter hostile takeovers or delay or prevent changes in control of our company, including the following: 

	
 
	
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Board of directors vacancies. Our restated certificate of incorporation and restated bylaws authorizes only our board of directors to fill vacant directorships, including newly created seats. In addition, the number of directors constituting our board of directors is permitted to be set only by a resolution adopted by a majority vote of our entire board of directors. These provisions would prevent a stockholder from increasing the size of our board of directors and then gaining control of our board of directors by filling the resulting vacancies with its own nominees. This makes it more difficult to change the composition of our board of directors but promotes continuity of management.

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Classified board. Our restated certificate of incorporation and restated bylaws provide that our board of directors is classified into three classes of directors, each with staggered three-year terms. A third party may be discouraged from making a tender offer or otherwise attempting to obtain control of us as it is more difficult and time consuming for stockholders to replace a majority of the directors on a classified board of directors. 

 

	
 
	
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Stockholder action; special meetings of stockholders. Our restated certificate of incorporation provide that our stockholders may not take action by written consent, but may only take action at annual or special meetings of our stockholders. As a result, a holder controlling a majority of our capital stock would not be able to amend our restated bylaws or remove directors without holding a meeting of our stockholders called in accordance with our restated bylaws. Further, our restated bylaws provide that special meetings of our stockholders may be called only by a majority of our board of directors, the chairman of our board of directors, our Chief Executive Officer or our President, thus prohibiting a stockholder from calling a special meeting. These provisions might delay the ability of our stockholders to force consideration of a proposal or for stockholders controlling a majority of our capital stock to take any action, including the removal of directors.

 

	
 
	
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Advance notice requirements for stockholder proposals and director nominations. Our restated bylaws provide advance notice procedures for stockholders seeking to bring business before our annual meeting of stockholders or to nominate candidates for election as directors at our annual meeting of stockholders. Our restated bylaws also specify certain requirements regarding the form and content of a stockholder’s notice. These provisions might preclude our stockholders from bringing matters before our annual meeting of stockholders or from making nominations for directors at our annual meeting of stockholders if the proper procedures are not followed. We expect that these provisions might also discourage or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting to obtain control of our company.

 

	
 
	
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No cumulative voting. The DGCL provides that stockholders are not entitled to the right to cumulate votes in the election of directors unless a corporation’s certificate of incorporation provides otherwise. Our restated certificate of incorporation and restated bylaws do not provide for cumulative voting.

 

	
 
	
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Directors removed only for cause. Our restated certificate of incorporation provides that stockholders may remove directors only for cause and only by the affirmative vote of the holders of at least two-thirds of our outstanding common stock.

 

	
 
	
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Amendment of charter provisions. Any amendment of the above provisions in our restated certificate of incorporation would require approval by holders of at least two-thirds of our outstanding common stock.

 

	
 
	
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Issuance of undesignated preferred stock. Our board of directors has the authority, without further action by the stockholders, to issue up to 10,000,000 shares of undesignated preferred stock with rights and preferences, including voting rights, designated from time to time by our board of directors. The existence of authorized but unissued shares of preferred stock would enable our board of directors to render more difficult or to discourage an attempt to obtain control of us by merger, tender offer, proxy contest or other means.

 

	
 
	
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Choice of forum. Our restated certificate of incorporation provides that, to the fullest extent permitted by law, the Court of Chancery of the State of Delaware will be the exclusive forum for any derivative action or proceeding brought on our behalf; any action asserting a breach of fiduciary duty; any action asserting a claim against us arising pursuant to the DGCL, our restated certificate of incorporation or our restated bylaws; or any action asserting a claim against us that is governed by the internal affairs doctrine. The enforceability of similar choice of forum provisions in other companies’ certificates of incorporation has been challenged in legal proceedings, and it is possible that a court could find these types of provisions to be inapplicable or unenforceable. Our restated bylaws also provide that the federal district courts of the United States of America will, to the fullest extent permitted by law, be the exclusive forum for resolving any complaint asserting a cause of action arising under the Securities Act (Federal Forum Provision). While 

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there can be no assurance that federal or state courts will follow the holding of the Delaware Supreme Court which recently found that such provisions are facially valid under Delaware law or determine that the Federal Forum Provision should be enforced in a particular case, application of the Federal Forum Provision means that suits brought by our stockholders to enforce any duty or liability created by the Securities Act must be brought in federal court and cannot be brought in state court. Neither the exclusive forum provision nor the Federal Forum Provision applies to suits brought to enforce any duty or liability created by the Exchange Act. Section 27 of the Exchange Act creates exclusive federal jurisdiction over all claims brought to enforce any duty or liability created by the Exchange Act or the rules and regulations thereunder. Accordingly, actions by our stockholders to enforce any duty or liability created by the Exchange Act or the rules and regulations thereunder also must be brought in federal court. Our stockholders will not be deemed to have waived our compliance with the federal securities laws and the regulations promulgated thereunder. Any person or entity purchasing or otherwise acquiring or holding any interest in any of our securities shall be deemed to have notice of and consented to our exclusive forum provisions, including the Federal Forum Provision. These provisions may limit a stockholder’s ability to bring a claim in a judicial forum of their choosing for disputes with us or our directors, officers, or other employees, or the underwriters of any offering giving rise to such dispute, which may discourage lawsuits against us and our directors, officers, and other employees and the underwriters of this offering.

 

 

 

Transfer Agent and Registrar 

The transfer agent and registrar for our common stock is American Stock Transfer & Trust Company, LLC. The address of the transfer agent and registrar is 6201 15th Avenue, Brooklyn, New York 11219. 

The Nasdaq Global Market Listing 

Our common stock is listed on the Nasdaq Global Market under the symbol “DICE.” 

 

4Exhibit 4.1

 

	NUMBER

    U-__________
	 
	UNITS
	 	 	 
	SEE
    REVERSE FOR 

    CERTAIN DEFINITIONS	A
    SPAC II ACQUISITION CORP.	 

 

 

CUSIP

 

UNITS CONSISTING
OF ONE CLASS A ORDINARY SHARE, ONE-HALF OF ONE REDEEMABLE WARRANT TO RECEIVE ONE CLASS A ORDINARY SHARE AND

ONE RIGHT TO
RECEIVE ONE-TENTH OF ONE CLASS A ORDINARY SHARE

 

THIS
CERTIFIES THAT ______________________________________________________________________________________________

 

is
the owner of _______________________________________________________________________________________________________ Units.

 

Each Unit (“Unit”) consists of one Class A ordinary share,
no par value, of A SPAC II Acquisition Corp., a British Virgin Islands company (the “Company”), one-half of one redeemable
warrant (“Warrant”) to receive one Class A ordinary share and one right (“Right”) to receive one-tenth (1/10)
of one Class A ordinary share. Each redeemable Warrant entitles the holder thereof to purchase one-half (1/2) of one Class A ordinary
share at a price of $11.50 per full share (subject to adjustment), upon the later to occur of (i) the Company’s completion of a
merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with
one or more businesses or entities (a “Business Combination”) or (ii) 12 months from the effective date of the registration
statement with respect to the Company’s initial public offering. Every ten Rights entitles the holder thereof to receive one Class
A ordinary share upon consummation of the Company’s initial Business Combination. The Class A ordinary shares, Warrants and Rights
comprising the Units represented by this certificate are not transferable separately prior to the fifty-second (52nd) day after the date
of the prospectus relating to the Company’s initial public offering, unless Maxim Group LLC (“Maxim”) determines that
an earlier date is acceptable, but in no event will the Class A ordinary shares, Warrants and Rights be traded separately until the Company
files with the Securities and Exchange Commission (the “SEC”) a current report on Form 8-K which includes an audited balance
sheet reflecting the receipt by the Company of the gross proceeds from its initial public offering including the proceeds received by
the Company from the exercise of the over-allotment option thereto, if the over-allotment option is exercised. If Maxim allows separate
trading of the Class A ordinary shares, Warrants and Rights prior to the 52nd day after the date of the prospectus relating to the Company’s
initial public offering, the Company will file a Current Report on Form 8-K with the SEC announcing when such separate trading shall begin.

 

The
terms of the Warrants and the Rights are governed by a warrant agreement (the “Warrant Agreement”), dated as of [·],
2022, and a rights agreement (the “Rights Agreement”), dated as of [·], 2022,
respectively, both between the Company and Continental Stock Transfer & Trust, as the warrant agent and the rights 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 and the Rights Agreement are on file at the office of Continental Stock Transfer &
Trust at 1 State Street, 30th Floor, New York, New York 10004 and are available to any Warrant holder or Rights holder on written request
and without cost.

 

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

 

Each
Unit may be mandatorily split by the Company in connection with the closing of a Business Combination.

 

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

 

     

     

    

 

This
Unit Certificate shall be governed and construed in accordance with the internal laws of the State of New York, without regard to conflicts
of laws principles thereof.

 

	 		 	[Seal]	
	 		 	 	 
	By	 	 	 	 
	 	 	 	 	 
	 	Director	 	 	Chief Financial Officer

 

     

     

    

 

A SPAC II Acquisition
Corp.

 

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

 

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(s), assign(s) and transfer(s) unto

 

	PLEASE INSERT SOCIAL SECURITY OR OTHER 

    IDENTIFYING NUMBER OF ASSIGNEE(S)	 
	 	 
	 	 
	 	 

 

	 
	(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING
    ZIP CODE, OF ASSIGNEE(S))
	 
	 
	 
	 
	 
	 	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 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 be entitled to receive funds with respect to the underlying Class A ordinary shares from the trust
fund only in the event of the Company’s liquidation upon failure to consummate a business combination or if the holder seeks to
convert his or her respective Class A ordinary shares underlying the unit upon consummation
of such 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 fund.

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