Exhibit
4.1


 


SPECIMEN
UNIT CERTIFICATE


 


	NUMBER

     

    ALKDU
	 	UNITS


  


ALKAID
ACQUISITION CORP.


 


	SEE REVERSE FOR

    CERTAIN DEFINITIONS
	 	CUSIP
    016421 208


 


UNITS
CONSISTING OF ONE SHARE OF COMMON STOCK AND

ONE RIGHT TO RECEIVE ONE-FIFTH (1/5) 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 Alkaid Acquisition Corp., a Delaware corporation (the “Company”) and one right (the “Right(s)”).
Every five Rights entitles the holder thereof to receive one share of Common Stock upon the consummation of the Business Combination.
The Common Stock 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 Rights are governed by a rights agreement (the “Rights Agreement”), dated as of [●], 2022,
between the Company and Continental Stock Transfer & Trust Company, as 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 Rights Agreement
is on file at the office of Continental Stock Transfer & Trust Company at 1 State Street, 30th Floor, New York, NY 10004-1561 and
is available to a 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


 






     


     


    

  


Alkaid
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.