Document:

Exhibit 4.2

 

	NUMBER	SHARES
	 	 
	C-	 

 

SEE REVERSE FOR CERTAIN DEFINITIONS

 

CUSIP [_]

 

INDUSTRIAL HUMAN CAPITAL,
INC.

INCORPORATED UNDER
THE LAWS OF THE STATE OF DELAWARE

 

COMMON STOCK

 

 

This Certifies that

 

is the owner of

 

FULLY PAID AND NON-ASSESSABLE SHARES OF COMMON
STOCK, PAR VALUE OF $0.0001 (THE “COMMON STOCK”), OF

 

INDUSTRIAL HUMAN CAPITAL, INC.

(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 required to redeem all
of its shares of 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 (the “Charter”),
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 of the Company.

 

Witness the facsimile signatures of its duly
authorized officers.

 

	Chief Executive Officer	 	Chief Financial Officer
	 	 	 

 

     

     

    

 

INDUSTRIAL HUMAN CAPITAL, INC.

 

The Company will furnish without charge to
each stockholder 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. This certificate and the shares represented thereby are issued and shall be held subject to all the provisions of the Charter
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 Common Stock represented by
the within Certificate, and hereby irrevocably constitutes and appoints

 

Attorney to transfer the said shares of Common
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 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (OR ANY SUCCESSOR RULE).

 

     

     

    

 

As more fully described in, and subject to
the terms and conditions described in, the Company’s final prospectus for its initial public offering 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 Common Stock sold in the Company’s initial public offering and liquidates because it does not consummate an initial business
combination by the date set forth in the Charter, 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 Common Stock sold in its initial public offering properly submitted
in connection with a stockholder vote to amend the Charter to modify the substance or timing of the Company’s obligation to redeem
100% of the Common Stock if it does not consummate an initial business combination by the Last Date or with respect to any other provisions
relating to stockholders’ 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.Exhibit 4.3

 

	
    NUMBER

    ________-
	 	
    (SEE REVERSE SIDE FOR LEGEND)

    THIS WARRANT WILL BE VOID IF NOT EXERCISED PRIOR
    TO THE EXPIRATION DATE (DEFINED BELOW)
	 	WARRANTS

 

INDUSTRIAL HUMAN CAPITAL, INC.

CUSIP [_]

WARRANT

 

THIS CERTIFIES THAT, for value received

 

is the registered holder of a warrant or warrants (the
 “Warrant”) of Industrial Human Capital, Inc., a Delaware corporation (the “Company”), expiring
at 5:00 p.m., New York City time, on the five year anniversary of the Company’s completion of an initial business combination,
capital share exchange, asset acquisition, or other similar business combination with one or more businesses or entities (a
 “Business Combination”), or earlier upon redemption or liquidation, to purchase one fully paid and non-assessable
share of common stock, par value US$0.0001 per share (“Shares”), of the Company for each Warrant evidenced by
this Warrant Certificate. The Warrant entitles the holder thereof to purchase from the Company, commencing on the later of 30 days
after the Company’s completion of an initial Business Combination and twelve (12) months from the closing of the
Company’s initial public offering, such number of Shares of the Company at the Warrant Price (as defined below), upon
surrender of this Warrant Certificate and payment of the Warrant Price at the office or agency of Continental Stock Transfer &
Trust Company (the “Warrant Agent”), but only subject to the conditions set forth herein and in the Warrant
Agreement between the Company and Continental Stock Transfer & Trust Company. In no event will the Company be required to net
cash settle any warrant exercise. The Warrant Agreement provides that upon the occurrence of certain events the Warrant Price and
the number of Shares purchasable hereunder, set forth on the face hereof, may, subject to certain conditions, be adjusted. The term
 “Warrant Price” as used in this Warrant Certificate refers to the price per Share at which Shares may be
purchased at the time the Warrant is exercised. The initial Warrant Price per Share for any Warrant is equal to $11.50 per
share.

 

No fraction of a Share will be issued upon any
exercise of a Warrant. If the holder of a Warrant would be entitled to receive a fraction of a Share upon any exercise of a Warrant, the
Company shall, upon such exercise, round down to the nearest whole number the number of Shares to be issued to such holder.

 

Upon any exercise of the Warrant for less than
the total number of full Shares provided for herein, there shall be issued to the registered holder hereof or the registered holder’s
assignee a new Warrant Certificate covering the number of 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 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 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 as the absolute owner 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, 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
to any of the rights of a shareholder of the Company.

 

The Company reserves the right to call the Warrant
at any time prior to its exercise with a notice of call in writing to the holders of record of the Warrant, giving at least 30 days’
notice of such call, at any time while the Warrant is exercisable, if the last sale price of the Shares has been at least $18.00 per share
(the “Redemption Trigger Price”) on each of 20 trading days within any 30 trading day period (the “30-day trading
period”) ending on the third business day prior to the date on which notice of such call is given and if, and only if, there
is a current registration statement in effect with respect to the Shares underlying the Warrants for the entire 30-day trading period
and continuing each day thereafter until the date of redemption. The call price of the Warrants is to be $0.01 per Warrant. 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.

 

	By	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	President	 	 	Secretary

 

     

     

    

 

SUBSCRIPTION FORM

 

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

 

The undersigned Registered Holder irrevocably elects to exercise ______________ Warrants
represented by this Warrant Certificate, and to purchase the shares of common stock of the Company issuable upon the exercise of such
Warrants, and requests that Certificates for such shares shall be issued in the name of

 

	 
	(PLEASE TYPE OR PRINT NAME AND ADDRESS)
	 
	 
	 

(SOCIAL SECURITY OR TAX IDENTIFICATION NUMBER)

	and be delivered to 	 

(PLEASE PRINT OR TYPE NAME 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 at the address stated below:

 

	Dated:  	 	 	 
	 	(SIGNATURE)
	 	 
	 	(ADDRESS)
	 	 
	 	 
	 	 
	 	(TAX IDENTIFICATION NUMBER)

 

 

     

     

    

 

ASSIGNMENT

 

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

 

For Value Received, _______________________ hereby sell, assign, and
transfer unto

 

	 
	(PLEASE TYPE OR PRINT NAME AND ADDRESS)
	 
	 
	 

(SOCIAL SECURITY OR TAX IDENTIFICATION NUMBER)

	and be delivered to 	 

(PLEASE PRINT OR TYPE NAME AND ADDRESS)

 

______________________ 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)

 

The signature to the assignment
of the Subscription Form must correspond to the name written upon the face of this Warrant Certificate in every particular, without alteration
or enlargement or any change whatsoever, and must be guaranteed by a commercial bank or trust company or a member firm of the NYSE American,
Nasdaq, New York Stock Exchange, Pacific Stock Exchange, or Chicago Stock Exchange.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00329-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00329-of-00352.parquet"}]]