Exhibit 4.1


 


	NUMBER	UNITS
	U-	 


 


SEE REVERSE FOR CERTAIN DEFINITIONS


 


CUSIP 37714P 202


 


GLASS HOUSES ACQUISITION CORP.



UNITS CONSISTING OF ONE SHARE OF CLASS A COMMON STOCK AND ONE-HALF 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 Glass
Houses Acquisition Corp., a Delaware corporation (the “Company”), and one-half (1/2) of one 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). Each Warrant will become exercisable on the later of (i) thirty (30)
days after the Company’s completion of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization
or other similar business combination with one or more businesses (each a “Business Combination”), or
(ii) twelve (12) months from the closing of the Company’s initial public offering, and will expire unless exercised before
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 or liquidation (the “Expiration Date”). The Common Stock and
Warrants comprising the Units represented by this certificate are not transferable separately prior to           
           , 20      
unless Jefferies LLC 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 the Company’s initial public offering and issuing a press release announcing when separate trading will
begin. No fractional warrants will be issued upon separation of the Units. 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, 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.


 


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


 


     


     


    


 


Glass Houses Acquisition Corp.


 


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 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)


 


________________________________________Units
represented by the within Certificate,


 


and does 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  
	
	 	 
	 	 	 
	 	 	
        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) 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 Common Stock sold in its initial public offering and liquidates
because it does not consummate an initial business combination by          
           ,           
           ,  (ii) the Company redeems the shares of 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 Common Stock
if it does not consummate an initial business combination by           
           ,           
           , or with respect to any other provisions relating to
the rights of holders of Common Stock, 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.