Document:

Exhibit
4.1

 

 

	NUMBER	UNITS
	U-	 

 

SEE
REVERSE FOR CERTAIN DEFINITIONS

 

CUSIP
28201D 208

 

EF
HUTTON ACQUISITION CORPORATION I

 

UNITS
CONSISTING OF ONE SHARE OF COMMON STOCK AND ONE WARRANT ENTITLING THE HOLDER TO PURCHASE ONE SHARE OF COMMON STOCK AND ONE RIGHT ENTITLING
THE HOLDER TO RECEIVE 1/8 OF ONE SHARE OF COMMON STOCK UPON THE CONSUMMATION OF THE INITIAL BUSINESS COMBINATION BY EF HUTTON ACQUISITION
CORPORATION I.

 

THIS
CERTIFIES THAT         is the owner of          Units.

 

Each
Unit (“Unit”) consists of one (1) share of common stock, par value $0.0001 per share (“Common Stock”),
of EF Hutton Acquisition Corporation I, a Delaware corporation (the “Company”), one redeemable warrant (the
“Warrant”) and one right to receive 1/8 of one share of common stock upon the consummation of the Company’s
initial business combination (the “Right”). 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”), and (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, Warrants and Rights comprising
the Units represented by this certificate are not transferable separately prior to      , 2022, unless EF Hutton, division of Benchmark Investment,
LLC 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. The terms of the Warrants and Rights
are governed by a Warrant Agreement, dated as of      , 2022 and Rights Agreement, dated as of      , 2022, respectively, between the Company and
Continental Stock Transfer & Trust Company, as 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 Rights Agreement are on file at the office of Continental Stock Transfer & Trust Company at 1 State Street, 30th Floor,
New York, New York 10004, and are available to any Warrant holder or Rights holder on written request and without cost.

 

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

 

    	 

    	 

    

 

EF
Hutton Acquisition Corporation 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 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 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
    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 TO S.E.C. RULE 17Ad-15 UNDER THE SECURITIES
    EXCHANGE ACT OF 1934, AS AMENDED (OR ANY SUCCESSOR RULE).	 

 

As
more fully described, 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 only in the event that (i) the Company redeems
the shares of Common Stock sold in the Company’s initial public offering and liquidates because it does not consummate an initial
business combination by the date set forth in the Company’s Amended and Restated Certificate of Incorporation, as the same may
be amended from time to time (such date being referred to herein as the “Last Date”), (ii) the Company redeems the shares
of Common Stock sold in its initial public offering properly submitted 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 Common Stock if it does not consummate an initial business combination by the Last Date or with respect to any other provisions
relating to stockholders’ rights or pre-initial business combination activity, or (iii) if the holder(s) seek(s) to redeem for
cash his, her or its respective shares of 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.Exhibit
4.2

 

	NUMBER	SHARES
	 	 
	C-	 

 

SEE
REVERSE FOR CERTAIN DEFINITIONS

 

CUSIP
28201D 109

 

EF
HUTTON ACQUISITION CORPORATION I.

INCORPORATED
UNDER THE LAWS OF THE STATE OF DELAWARE

 

COMMON
STOCK

 

This
Certifies that

 

is
the owner of

 

FULLY
PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK, PAR VALUE OF $0.0001 (THE “COMMON STOCK”), OF

 

EF
HUTTON ACQUISITION CORPORATION I

(THE
“COMPANY”)

 

transferable
on the books of the Company in person or by duly authorized attorney upon surrender of this certificate properly endorsed.

 

The
Company will be required to redeem all of its shares of Common Stock if it is unable to complete a business combination within the time
period set forth in the Company’s Amended and Restated Certificate of Incorporation, as the same may be amended from time to time
(the “Charter”), all as more fully described in the Company’s final prospectus dated     , 2022.

 

This
certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar of the Company.

 

Witness
the facsimile signatures of its duly authorized officers.

 

	Chief
    Executive Officer	 	Chief
    Financial Officer
	 	 	 
	 	 	 

 

    	 

     

    

 

EF
HUTTON ACQUISITION CORPORATION I

 

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 stock or series thereof of the Company and the qualifications, limitations,
or restrictions of such preferences and/or rights. This certificate and the shares represented thereby are issued and shall be held subject
to all the provisions of the Charter and resolutions of the Board of Directors providing for the issue of securities (copies of which
may be obtained from the secretary of the Company), to all of which the holder of this certificate by acceptance hereof assents. 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
    Uniform Gifts to Minors Act
	 	 	 	 	(State)

 

Additional
abbreviations may also be used though not in the above list.

 

For
value received,         hereby sells, assigns and transfers unto

 

(PLEASE
INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER(S) OF ASSIGNEE(S))

 

(PLEASE
PRINT OR TYPEWRITE NAME(S) AND ADDRESS(ES), INCLUDING ZIP CODE, OF ASSIGNEE(S))

 

shares
of the Common Stock represented by the within Certificate, and hereby irrevocably constitutes and appoints

 

Attorney
to transfer the said shares of Common Stock on the books of the within named Company with full power of substitution in the premises.

 

	Dated:
	 

 

 

 

NOTICE:
THE SIGNATURE(S) 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:  
	By
     
	 

 

 

 

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 OF 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 only in the event that (i) the Company redeems
the shares of Common Stock sold in the Company’s initial public offering and liquidates because it does not consummate an initial
business combination by the date set forth in the Charter, as the same may be amended from time to time (such date being referred to
herein as the “Last Date”), (ii) the Company redeems the shares of Common Stock sold in its initial public offering properly
submitted in connection with a stockholder vote to amend the Charter to modify the substance or timing of the Company’s obligation
to redeem 100% of the Common Stock if it does not consummate an initial business combination by the Last Date or with respect to any
other provisions relating to stockholders’ rights or pre-initial business combination activity, or (iii) if the holder(s) seek(s)
to redeem for cash his, her or its respective shares of 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.

 

    	2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00346-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00346-of-00352.parquet"}]]