Exhibit 4.1





 


	NUMBER	UNITS
	U-	 


SEE REVERSE FOR CERTAIN DEFINITIONS


CUSIP [______]


SANABY HEATH ACQUISITION CORP. I


 


UNITS CONSISTING OF ONE SHARE OF CLASS A COMMON
STOCK AND ONE-HALF OF ONE

WARRANT,


 


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

COMMON STOCK


 


THIS CERTIFIES THAT is the owner of Units.


 


Each Unit (“Unit”) consists of one (1) share
of Class A common stock, par value $0.0001 per share (“Common Stock”), of Sanaby Health Acquisition Corp. I,
a Delaware corporation (the “Company”), and one-half of one redeemable warrant (the “Warrant”).
Each whole 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 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 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 and Warrants comprising the Units represented by this certificate
are not transferable separately prior to [_____ __], 2021, 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. The terms of the Warrants are governed by a Warrant Agreement, dated as of
[_____ __], 2021, 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.


 


This certificate is not valid unless countersigned by the Transfer
Agent and 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


 



     


     


    




 


Sanaby Health 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 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 (OR ANY SUCCESSOR RULE).	 


 


In each case, as more
fully described in the Company’s final prospectus 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 its initial public offering only
in the event that (i) the Company redeems the shares of Class A common stock sold in the Company’s 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 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 Class A common stock sold in its initial public offering 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 Class A common stock if it does not consummate an initial business combination by the Last Date, or
(iii) if the holder(s) seek(s) to redeem for cash his, her or its respective shares of Class A 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.