EX-4.1 8 fs12022ex4-1_redwoods.htm SPECIMEN UNIT CERTIFICATE

Exhibit 4.1

 

SPECIMEN UNIT CERTIFICATE

 

NUMBER

 

RWODU

  UNITS

 

REDWOODS ACQUISITION CORP.

 

SEE REVERSE FOR

CERTAIN DEFINITIONS

  CUSIP 758083 208

 

UNITS CONSISTING OF ONE SHARE OF COMMON STOCK, ONE REDEEMABLE WARRANT AND
ONE RIGHT TO RECEIVE ONE-TENTH (1/10) OF ONE SHARE OF COMMON STOCK

 

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 Redwoods Acquisition Corp., a Delaware corporation (the “Company”), one redeemable warrant (the “Warrant(s)”) and one right (the “Right(s)”). Each redeemable warrant entitles the holder thereof to purchase one-half (1/2) of one share of Common Stock at a price of $11.50 per full share (subject to adjustment), upon the later to occur of (i) the Company’s completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization 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. Every ten Rights entitles the holder thereof to receive one share of Common Stock upon the consummation of the Business Combination. The Common Stock, Warrants and Rights comprising the Units represented by this certificate are not transferable separately prior to the 45th day after the date of the prospectus relating to the closing of the Company’s initial public offering (“IPO”), subject to earlier separation in the discretion of Chardan Capital Markets, LLC, provided that the Company has filed with the Securities and Exchange Commission a Current Report on Form 8-K which includes an audited balance sheet reflecting the Company’s receipt of the gross proceeds of the IPO and issued a press release announcing when separate trading will begin.

 

The terms of the Warrants and Rights are governed by a warrant agreement (the “Warrant Agreement”) and rights agreement (the “Rights Agreement”), dated as of [●], 2022, between the Company and American Stock Transfer & Trust Company, LLC, as the warrant agent and rights agent, and is subject to the terms and provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof. A copy of the Warrant Agreement and Rights Agreement is on file at the office of American Stock Transfer & Trust Company, LLC at 6201 15th Avenue, Brooklyn, New York, 11219 and is available to Warrants holder and Rights holder 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 seal of the Company and the facsimile signatures of its duly authorized officers.

 

By      
  Chief Executive Officer   Secretary

 

 

 

 

 

 

Redwoods Acquisition Corp.

 

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.

 

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            
                 
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(s), assign(s) and transfer(s) 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(es) 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(s) of this certificate shall be entitled to receive a pro-rata portion of the funds from the trust account with respect to the common stock underlying this certificate only in the event that (i) the Company is forced to liquidate because it does not consummate an initial business combination within the period of time set forth in the Company’s Amended and Restated Certificate of Incorporation, as the same may be amended from time to time (the “Charter”) or (ii) if the holder(s) seek(s) to convert his, her or its shares upon consummation of, or tender(s) his, her or its shares in a tender offer in connection with, an initial business combination or in connection with certain amendments to the Charter. In no other circumstances shall the holder(s) have any right or interest of any kind in or to the trust account.