Document:

Exhibit 4.1

 

SPECIMEN UNIT CERTIFICATE 

 

NUMBER UNITS U- 

 

	SEE REVERSE FOR 

CERTAIN 

DEFINITIONS	 	
        Denali Capital

        Acquisition Corp.
	 	 

 

CUSIP [●] 

 

UNITS CONSISTING OF ONE CLASS A ORDINARY
SHARE AND ONE REDEEMABLE

WARRANT TO PURCHASE 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 Denali Capital Acquisition Corp., a Cayman Islands exempted
company (the “Company”), and one (1) redeemable warrant (each whole warrant, a “Warrant”). 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 Ordinary Shares and Warrants comprising the Units represented by this
certificate are not transferable separately prior to [●], 2022, unless US Tiger Securities, Inc. and EF Hutton, division of Benchmark Investments, LLC inform the Company of their decision 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. The terms of the Warrants are governed by a Warrant Agreement, dated as of
[●], 2022 (the “Warrant Agreement”), 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 Ordinary Shares and Warrants 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

 

    	 	 	 

     

    

 

Denali Capital Acquisition Corp.

 

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 	–	______Custodian ________
	 	 	 	MIN ACT	 	(Cust) (Minor) under Uniform Gifts to Minors Act
	 	 	 	 	 	 
	 	 	 	 	 	 (State)
	TEN ENT	– 	as tenants by the entireties	 	 	 
	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 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 RULES).

 

In each case, as more fully described in the Company’s final
prospectus 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 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 (A) that would modify the substance or timing of the Company’s obligation to provide holders of the Ordinary
Shares the right to have their Ordinary Shares redeemed in connection with the Company’s initial business combination or
to redeem 100% of the Ordinary Shares if the Company does not complete its initial business combination within the time period
set forth therein or (B) with respect to any other provision relating to the rights of holders of the Ordinary Shares, 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.Exhibit 4.2

 

SPECIMEN CLASS A ORDINARY SHARE CERTIFICATE

	 	 	 
	NUMBER	 	SHARES

 

DENALI CAPITAL ACQUISITION CORP.

INCORPORATED UNDER THE LAWS OF THE CAYMAN
ISLANDS 

CLASS A ORDINARY SHARES 

 

SEE REVERSE FOR 

CERTAIN DEFINITIONS 

 

CUSIP [●] 

 

This Certifies that                                               is the owner of 

 

FULLY PAID AND NON-ASSESSABLE CLASS A ORDINARY
SHARES OF THE PAR VALUE OF 

 

US$0.0001 EACH OF DENALI CAPITAL ACQUISITION
CORP. (THE “COMPANY”) 

 

subject to the Company’s amended and
restated memorandum and articles of association, as the same may be amended from time to time, and 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 forced to redeem all
of its Class A ordinary shares if it is unable to complete a business combination within the period set forth in the Company’s
amended and restated memorandum and articles of association, as the same may be amended from time to time, 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. 

Witness the facsimile signatures of its duly
authorized officers. 

 

	Dated:	 	 	 
	 	Chief Executive Officer	 	Chief Financial Officer

 

    	 		 

     

    

 

DENALI CAPITAL ACQUISITIONS CORP.

 

The Company will furnish without charge to each shareholder who
so requests 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.
This certificate and the shares represented thereby are issued and shall be held subject to all the provisions of the Company’s
amended and restated memorandum and articles of association, as the same may be amended from time to time, and resolutions of
the Board of Directors providing for the issue of Class A ordinary shares (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 represented by the within Certificate, and does hereby irrevocably
constitute and appoint Attorney to transfer the said shares on the books of the within named Company with full power of substitution
in the premises.

Dated

 

	 	Shareholder
	 	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 OR ANY SUCCESSOR RULE).

 

    	 		 

     

    

 

In each case, as more fully described in the Company’s final
prospectus 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 its initial public offering only in the event that (i) the Company
redeems the Class A 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 Class A 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 (A) that would modify the substance or timing of the Company’s obligation to provide holders of the Class
A ordinary shares the right to have their shares redeemed in connection with the Company’s initial business combination or
to redeem 100% of the Class A ordinary shares if the Company does not complete its initial business combination within the time
period set forth therein or (B) with respect to any other provision relating to the rights of holders of the Class A ordinary shares,
or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective Class A 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.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00342-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00342-of-00352.parquet"}]]