Exhibit 4.1


 


SPECIMEN UNIT CERTIFICATE


 


NUMBER UNITS


U-


SEE REVERSE FOR CERTAIN


DEFINITIONS


CUSIP [    ]


 


APOLLO
ACquisition CORPORATION


UNITS CONSISTING OF ONE CLASS A ORDINARY SHARE,
ONE-HALF OF ONE REDEEMABLE WARRANT TO PURCHASE ONE CLASS A ORDINARY SHARE AND ONE RIGHT TO RECEIVE ONE-TENTH OF ONE CLASS A ORDINARY SHARE


 


THIS CERTIFIES THAT is the owner of
Units.


 


Each Unit (“Unit”)
consists of one (1) Class A ordinary share, par value $0.0001 per share (“Ordinary Shares”), of Apollo Acquisition
Corporation, a Cayman Islands exempted company (the “Company”), one-half (1/2) of one redeemable warrant (each
whole warrant, a “Warrant”) and one right (“Right”). Each Warrant entitles the holder
to purchase one (1) Ordinary Share 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, share exchange, asset acquisition, share 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”). Each Right entitles the holder to receive
one-tenth (1/10) of one (1) Ordinary Share upon the consummation of an initial business combinationR. The Ordinary Shares, Warrants and
Rights comprising the Units represented by this certificate are not transferable separately prior to [XX], 2021, unless US Tiger Securities,
Inc. elects to allow earlier separate trading, subject to the Company’s filing with the Securities and Exchange Commission of a
Current Report on Form 8-K containing an audited balance sheet reflecting the Company’s receipt of the gross proceeds of the initial
public offering and issuing a press release announcing when separate trading will begin. No fractional warrants will be issued upon separation
of the Units and only whole warrants are exercisable. No fractional Class A ordinary shares will be issued upon the separation of the
Units. The terms of the Warrants are governed by a Warrant Agreement, dated as of [XX], 2021, between the Company and VStock Transfer
LLC, 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 18
Lafayette Place, Woodmere, New York 11598, and are available to any Warrant holder on written request and without cost.


 


Upon the consummation of the
Business Combination, the Units represented by this certificate will automatically separate into the Class A Ordinary Shares, Warrants
and Rights comprising such Units.


 


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 signatures
of its duly authorized officers.


 


	By:	 	 	 
	 	Chief Executive Officer	 	Chief Financial Officer





 






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APOLLO
ACQUISITION CORPORATION


 


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 shares 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	 	 	 	under Uniform Gifts to Minors Act
	 	 	 	 	 	 	(State)
	JT TEN	-	
    as joint tenants with right of survivorship and not as tenants
in common
	 	 	 	 


 


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 OF ASSIGNEE


 


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


 




____________________ Units represented by the
within Certificate, and hereby irrevocably constitutes and appoints Attorney to transfer said Units on the books of the within named Company
with full power of substitution in the premises.


 


	Dated	 	 	 
	 	 	 	Shareholder



 


	 	 	 	
    

    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.



 






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    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


RULES).





 


In each case, as more fully
described in the Company’s final prospectus dated [XX], 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 only in
the event that (i) the Company redeems the Ordinary Shares sold in its initial public offering and liquidates because it does not consummate
an initial business combination within the period of time set forth in the Company’s amended and restated memorandum and articles
of association, as the same may be amended from time to time, (ii) the Company redeems the Ordinary Shares sold in its initial public
offering in connection with a shareholder vote to amend the Company’s amended and restated memorandum and articles of association
that would affect the substance or timing of the Company’s obligation to provide for the redemption of Class A ordinary shares in
connection with an initial business combination or to redeem 100% of the Ordinary Shares if it does not consummate an initial business
combination within the time period set forth therein, or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective
Ordinary Shares in connection with 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. 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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