EX-4.1





 Exhibit 4.1 
  

			
	NUMBER	  	UNITS

 U- 
 SEE REVERSE FOR
CERTAIN DEFINITIONS 
 CUSIP [•] 

INVESTCORP EUROPE ACQUISITION CORP I 

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 Investcorp Europe Acquisition Corp I, 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
(“Class A 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 Class A Ordinary Share (subject to adjustment) for $11.50 per share (subject to adjustment). Only whole Warrants are exercisable. Each Warrant will become exercisable on 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 Class A Ordinary Shares and Warrants comprising the Units represented by this certificate will begin separate trading on the 52nd day following the date of the prospectus that is filed in connection with the offering of
the Units (or, if such date is not a business day, the following business day) unless the underwriters permit earlier separate trading, subject to the Company having filed the 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 having issued a press release announcing when such 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 (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. 

  
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 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



  
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 Investcorp Europe Acquisition Corp I 

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 A —	  	                                    

			
		  	CT                                	  	Custodian                             
		  		  	(Cust)                    
	TEN ENT — as tenants by the entireties	  		  	
		  		  	(Minor)            
		  		  	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)).


  
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 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                     , 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 the Company’s initial public offering in the event that (i) the Company redeems the
Class A Ordinary Shares sold in its initial public offering and liquidates because it does not consummate an initial Business Combination within 15 months from the closing of the Company’s initial public offering (or up to 21 months, as
may be extended by the Company in accordance with its amended and restated memorandum and articles of association), or (ii) if the holder(s) properly redeem for cash his, her or its respective Class A Ordinary Shares included in the Units
represented by this certificate in connection with (x) a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder approval of the proposed initial Business Combination) setting forth the details of a proposed
initial Business Combination or (y) a shareholder vote to amend the Company’s amended and restated memorandum and articles of association (A) to modify the substance or timing of the Company’s obligation to allow redemption in
connection with the Company’s initial Business Combination or to redeem 100% of the Class A Ordinary Shares if the Company does not complete its initial Business Combination within 15 months from the closing of the Company’s initial
public offering (or up to 21 months, as may be extended by the Company in accordance with its amended and restated memorandum and articles of association) or (B) with respect to any other material provisions relating to shareholders’
rights or pre-initial Business Combination activity, as the same may be amended from time to time. In no other circumstances shall the holder(s) have any right or interest of any kind in or to the trust
account. 

  
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