Exhibit 4.1 


 


	NUMBER	 	UNITS
	U-	 	 


 


SEE REVERSE FOR CERTAIN DEFINITIONS


 


CUSIP G0232F 117


 


ALCHEMY INVESTMENTS ACQUISITION CORP 1


 


UNITS CONSISTING OF ONE CLASS A ORDINARY SHARE AND ONE-HALF OF ONE REDEEMABLE WARRANT, 


EACH WHOLE WARRANT ENTITLING THE HOLDER TO PURCHASE
ONE CLASS A ORDINARY SHARE 


 


THIS CERTIFIES THAT                  is the owner of                Units
of Alchemy Investments Acquisition Corp 1, a Cayman Islands exempted company (the “Company”), transferrable
on the books of the Company in person or by duly authorized attorney upon surrender of this certificate properly endorsed.


 


Each
Unit (“Unit”) consists of one (1) Class A ordinary share, par value $0.0001 per share (“Ordinary
Share”), of the Company and one-half of one redeemable warrant (each whole warrant, a “Warrant”).
Each Warrant entitles the holder to purchase one Ordinary Share (subject to adjustment) for $11.50 per share (subject to adjustment).
Each Warrant will become exercisable thirty (30) days after the Company’s completion of a merger, share exchange, asset acquisition,
share purchase, reorganization or other similar business combination with one or more businesses (each a “Business Combination”)
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 Ordinary Shares and Warrants comprising the Units represented by this certificate are not transferable separately prior to                    ,
2022, unless Cantor Fitzgerald & Co. 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                    , 2022
(the “Warrant Agreement”), 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.


 


Upon consummation of the Business Combination,
the Units represented by this certificate will automatically separate into Ordinary Shares and Warrants comprising such Units.


 


This certificate is not valid unless countersigned
by the Transfer Agent and registered by the 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 a duly authorized
signatory of the Company.


 






     


     


    

 


	 	 
	 	Authorized Signatory
	 	 
	 	 
	 	Transfer Agent


 


Alchemy Investments Acquisition Corp 1 


 


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 equity 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	 	 
	 	 	 	 	 	(Cust)	 	(Minor)	 
	 	 	 	 	 	____	 	 	 
	 	 	 	 	 	 	 	 	 
	TEN ENT	— 	as tenants by the entireties	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	Under Uniform Gifts to Minors Act  
	 	 	 	 	 	 
	JT TEN	— 	 as joint tenants with right of survivorship and not as tenants in common	 	 	 	(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 TO S.E.C. RULE 17Ad-15 UNDER 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              , 2022, 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 in the event that (i) the Company redeems the Ordinary Shares sold in its initial public
offering and liquidates because it does not consummate an initial Business Combination within the time period set forth in the Company’s
Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time (the “Articles”),
or (ii) the holder(s) properly redeem for cash his, her or its respective Ordinary Shares included in the Units represented by this certificate
in connection with (x) the completion of a proposed initial Business Combination or (y) a shareholder vote to amend the Articles (A) to
modify the substance or timing of the Company’s obligation to allow redemption in connection with its initial Business Combination
or to redeem 100% of the Ordinary Shares if it does not consummate an initial Business Combination within the time set forth in the Articles,
or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial Business Combination activity.
In no other circumstances shall the holder(s) have any right or interest of any kind in or to the trust account.