Exhibit 4.1


 


NUMBER UNITS


U-


SEE REVERSE FOR CERTAIN
DEFINITIONS


 


CUSIP 50200K 207


 


LF CAPITAL
ACQUISITION CORP.



UNITS CONSISTING OF ONE SHARE OF CLASS A COMMON STOCK AND 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 LF
Capital Acquisition Corp., a Delaware corporation (the “Company”), and one warrant (a “Warrant”).
Each 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 ________________, 2018, unless B. Riley FBR, Inc and Raymond James
& Associates, Inc. elect to allow earlier separate trading, 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 offering and issuing a press release announcing when separate trading will begin. The terms of the Warrants
are governed by a Warrant Agreement, dated as of________________, 2018, 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 Executive Officer


 




    	 	1.	 



     


    

  


LF Capital 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	 	 	 
	TEN
    ENT    —   as tenants by the entireties	ACT	Custodian	 	 (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, assign and transfer 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 do 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




    	 	2.	 



     


    

  


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________________, 2018, 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 Class A common stock sold in its initial public
offering and liquidates because it does not consummate an initial business combination by________________, 2020, (ii) the Company
redeems the shares of Class A 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 Class A common stock if it does not consummate an initial business combination by________________, 2020,
or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective shares of Class A 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.


 






    	 	3.