Exhibit 4.1


 


	NUMBER	UNITS


 


U-__________


 


	SEE REVERSE FOR CERTAIN DEFINITIONS	TWELVE SEAS INVESTMENT COMPANY  	 


CUSIP G9145A 123


 


UNITS CONSISTING OF ONE ORDINARY SHARE,


ONE REDEEMABLE WARRANT AND ONE RIGHT
TO RECEIVE ONE-TENTH OF AN ORDINARY SHARE


 


THIS CERTIFIES THAT
______________________________________________________________________________________ is the owner of
_______________________________________________________________________________________ Units.


 


Each Unit (“Unit”) consists
of one ordinary share, par value US$.0001 per share, of Twelve Seas Investment Company, a Cayman Islands exempted company (the
“Company”), one redeemable warrant and one right to receive one-tenth (1/10) of an ordinary share. Each redeemable
warrant entitles the holder thereof to purchase one ordinary share at a price of US$11.50 per share (subject to adjustment), upon
the later to occur of (i) 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 Company’s initial public offering. Each warrant expires five years after the completion of the Company’s
initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption. Every ten rights entitles the holder
thereof to receive one ordinary share upon consummation of the Company’s initial Business Combination.


 


The ordinary shares, warrant(s) and rights
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 EarlyBirdCapital, Inc. informs us of its decision
to allow earlier separate trading, provided that we have filed with the United States Securities and Exchange Commission 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 and rights are governed by a warrant agreement (the “Warrant Agreement”), dated as of [·],
2018, and a rights agreement (the “Rights Agreement”), dated as of [·],
2018, respectively, both between the Company and Continental Stock Transfer & Trust Company, as the warrant agent and rights
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 and the Rights Agreement are on file at the office of the warrant
agent and rights agent at One State Street, 30th Floor, New York, New York 10004, USA, and are available to any
warrant holder or right holder, respectively, 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
signatures of its duly authorized officers.


 


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:	 	 	 
	 	 	 	 
	 	Chief Executive Officer	 	Secretary


 


Twelve Seas Investment Company


 


The Company will furnish
without charge to each shareholder 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 U.S. Uniform Gifts to Minors
	 	 	 	Act ______________
	 	 	 	(State)


 






    	 	1	 



     


    

 


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 ordinary shares 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 ordinary shares underlying
the unit upon consummation of such business combination or in connection with certain amendments to the Company’s Amended
and Restated Memorandum and Articles of Association. In no other circumstances shall the holder have any right or interest of any
kind in or to the trust fund.