Exhibit 4.1


 


	
        NUMBER

        U-__________
	 	 	 	UNITS


 


	
        SEE REVERSE
        FOR

        CERTAIN
        DEFINITIONS
	M I ACQUISITIONS, INC.	 


 


	 	CUSIP	 


 


UNITS CONSISTING OF ONE
SHARE OF COMMON STOCK AND


ONE WARRANT ENTITLING ITS
HOLDER TO PURCHASE ONE-HALF OF ONE SHARE OF COMMON STOCK


 


THIS
CERTIFIES THAT ________________________________________________________________________


 


is the owner of ________________________________________________________________________________ Units.


 


Each
Unit (“Unit”) consists of one share of common stock, par value $.001 per share, of M I Acquisitions, Inc., a Delaware
corporation (the “Company”) and one warrant. Each warrant entitles the holder to purchase one-half of one share of
common stock of the Company at $11.50 per share (subject to adjustment), upon the later to occur of (i) 30 days following the
Company’s completion of an initial merger, capital stock exchange, asset acquisition or other similar business combination
with one or more businesses or entities (a “Business Combination”) or (ii) 12 months from the closing of the initial
public offering. Each warrant expires five years after the completion of our initial Business Combination, at 5:00 p.m., New York
City time, or earlier upon redemption.


 


The common stock and warrant(s) comprising
the Unit(s) represented by this certificate are not transferable separately until ninety (90) days after the date of the prospectus
relating to the initial public offering of the Company, unless Chardan Capital Markets, LLC informs us of its decision to allow
earlier separate trading, provided that we have filed with the SEC a Current Report on Form 8-K, which includes an audited balance
sheet reflecting our receipt of the proceeds of the initial public offering.


 


The
terms of the warrants are governed by a warrant agreement (the “Warrant Agreement”), dated as of _______, 2015,
between the Company and Continental Stock Transfer & Trust Company, as 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 17 Battery Place, 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.


 


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


 


[Corporate Seal]


 


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.


 


By


 


		 	
	Chairman	 	Secretary


  




    	 	 	 



     


    

 


M I Acquisitions, 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 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	under Uniform Gifts to Minors
	 	and not as tenants in common	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 shares of common stock 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 shares of common stock
underlying the unit upon consummation of such business combination or in connection with certain amendments to the Company’s
Amended and Restated Certificate of Incorporation. In no other circumstances shall the holder have any right or interest of any
kind in or to the trust fund.