Document:

EX-4.2

 Exhibit 4.2 
  

			
	 NUMBER
	  	NEW UNITS
	 U-
	  	

 SEE REVERSE FOR CERTAIN DEFINITIONS 

CUSIP [•] 
 KENSINGTON
CAPITAL ACQUISITION CORP. IV (THE “COMPANY”) 
 NEW UNITS CONSISTING OF ONE CLASS A ORDINARY SHARE AND ONE CLASS 2
REDEEMABLE 
 WARRANT 

THIS CERTIFIES THAT ____________________ is the owner of ___________ Units. 

Each new Unit (“New Unit”) consists of one Class A ordinary share, par value $0.0001 per share
(“Ordinary Share”), of Kensington Capital Acquisition Corp. IV, a Cayman Islands exempted company (the “Company”) and one Class 2 redeemable warrant (a
“Class 2 Warrant”). Each Class 2 Warrant entitles the holder to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment. Each Class 2
Warrant will become exercisable 30 days after the Company’s completion of a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganisation or similar business combination involving the Company, with one or more
businesses or entities (each, a “Business Combination”), and will (except for Class 2 Warrants attached to Ordinary Shares that are redeemed prior to the consummation of the initial Business Combination, which
Class 2 Warrants will expire upon redemption of such shares) expire unless exercised before 5:00 p.m., New York City Time, on the date that is five years after the date on which the Company completes its initial Business Combination, or earlier
upon redemption or liquidation (the “Expiration Date”). The terms of the Class 2 Warrants are governed by a Warrant Agreement (the “Warrant Agreement”), dated as of [INSERT DATE OF WARRANT
AGREEMENT], 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 1 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.

 Upon the consummation of the initial Business Combination, the New Units represented by this certificate will automatically separate into
the Ordinary Shares and Class 2 Warrants comprising such New Units. 
 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. 

 

			
	  
 Secretary
	  	  
 Chief Financial
Officer

 Kensington Capital Acquisition Corp. IV 

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 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 sells, assigns and transfers unto 

 
  

PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 
  

 
 (PLEASE PRINT OR TYPEWRITE NAME AND
ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) 
 ________________________________________New Units represented by the within Certificate, 

and does hereby irrevocably constitute and appoint __________________________ Attorney 

to transfer the said New Units 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 whatsoever.

 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 S.E.C. RULE 17Ad-15 (OR ANY SUCCESSOR RULE). 

In each case, as more fully described in the Company’s final prospectus dated
[                ], 2022, 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 Ordinary Shares sold in its initial public offering and liquidates because it does not consummate an initial
business combination by [INSERT DATE THAT IS 24 MONTHS FROM IPO CLOSING], or by such later date approved by the Company’s shareholders in accordance with the Company’s amended and restated memorandum and articles of association,
(ii) the Company redeems the Ordinary Shares sold in its initial public offering in connection with a shareholder vote to amend the Company’s amended and restated memorandum and articles of association to modify the substance or timing of
the Company’s obligation to allow redemption in connection with its initial business combination or to redeem 100% of the Ordinary Shares sold in its initial public offering if it does not consummate an initial business combination by [INSERT
DATE THAT IS 24 MONTHS FROM IPO CLOSING] or with respect to any other provisions relating to the rights of holders of Ordinary Shares or pre-initial business combination activity, or (iii) if the
holder(s) seek(s) to redeem for cash his, her or its respective Ordinary Shares in connection with a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder 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.EX-4.3

 Exhibit 4.3 
  

			
	 NUMBER
	  	SHARES
	 C-
	  	

 SEE REVERSE FOR 

CERTAIN DEFINITIONS 
 CUSIP [•]

 KENSINGTON CAPITAL ACQUISITION CORP. IV 

INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDS 

CLASS A ORDINARY SHARE 
 This Certifies that
___________________________ is the owner of _______________ 
 FULLY PAID AND NON-ASSESSABLE CLASS A
ORDINARY SHARES OF THE PAR VALUE OF $0.0001 
 EACH OF 

KENSINGTON CAPITAL ACQUISITION CORP. IV 

(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 Class A ordinary shares if it is unable to complete a business combination by the deadline
set forth in the Company’s amended and restated memorandum and articles of association, or by such later date approved by the Company’s shareholders in accordance with the Company’s amended and restated memorandum and articles of
association, as more fully described in the Company’s prospectus dated [                ], 2022. 

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

Witness the facsimile signatures of its duly authorized officers. 

Dated: ____________ 
  

			
	Chief Executive Officer	  	Chief Financial Officer
	  
	  	  

 KENSINGTON CAPITAL ACQUISITION CORP. IV 

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 Company’s amended and restated memorandum and articles of association 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	  		 		  	
							
	JT TEN	  	—	  	 as joint tenants with right of survivorship and

not as tenants in common
	 		  	(Cust)	  		  	(Minor)
		  		  		  		 		  	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 represented by the within Certificate, and does hereby irrevocably constitute and appoint 

 
  

Attorney to transfer the said shares on the register of members of the within named Company with full power of substitution in the premises.

 Dated: ____________ 
  

	
	  

Shareholder

 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 WHATSOEVER. 
  

	
	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
[                ], 2022, 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 Class A ordinary shares sold in its initial public offering and liquidates because it does
not consummate an initial business combination by the deadline set forth in the Company’s amended and restated memorandum and articles of association, or by such later date approved by the Company’s shareholders in accordance with the
Company’s amended and restated memorandum and articles of association, (ii) the Company redeems the Class A ordinary shares sold in its initial public offering in connection with a shareholder vote to amend the Company’s amended
and restated memorandum and articles of association to modify the substance or timing of the Company’s obligation to allow redemption in connection with its initial business combination or to redeem 100% of the Class A ordinary shares
sold in its initial public offering if it does not consummate an initial business combination by the deadline set forth in the Company’s amended and restated memorandum and articles of association, or with respect to any other provisions
relating to the rights of holders of Class A ordinary shares or pre-initial business combination activity or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective Class A
ordinary shares in connection with a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder 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.

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