Exhibit 4.4


 


	NUMBER 	RIGHTS


 


APOLLO ACQUISITION CORPORATION
INCORPORATED UNDER THE LAWS OF CAYMAN ISLANDS RIGHT


 


SEE REVERSE FOR


CERTAIN DEFINITIONS


CUSIP [XX]


 


THIS CERTIFIES THAT, for value received


 


is the registered holder of a right or rights
(the “Right”) to automatically receive one-tenth of one ordinary share, with no par value (“Ordinary
Share”), of Apollo Acquisition Corporation (the “Company”) for each Right evidenced by this Rights
Certificate on the Company’s completion of an initial business combination (as defined in the prospectus relating to the Company’s
initial public offering (“Prospectus”)) upon surrender of this Right Certificate pursuant to the Rights Agreement
between the Company and VStock Transfer LLC, as Right Agent. In no event will the Company be required to net cash settle any Right.


 


Upon liquidation of the Company
in the event an initial business combination is not consummated during the required period as identified in the Company’s Amended
and Restated Memorandum and Articles of Association, the Right shall expire and be worthless. The holder of a Right shall have no right
or interest of any kind in the Company’s trust account (as defined in the Prospectus).


 


Upon due presentment for registration
of transfer of the Right Certificate at the office or agency of the Right Agent, a new Right Certificate or Right Certificates of like
tenor and evidencing in the aggregate a like number of Rights shall be issued to the transferee in exchange for this Right Certificate,
without charge except for any applicable tax or other governmental charge. The Company shall not issue fractional shares upon exchange
of Rights. The Company reserves the right to deal with any fractional entitlement at the relevant time in any manner (as provided in the
Rights Agreement).


 


The Company and the Right
Agent may deem and treat the registered holder as the absolute owner of this Right Certificate (notwithstanding any notation of ownership
or other writing hereon made by anyone), for the purpose of any conversion hereof, of any distribution to the registered holder, and for
all other purposes, and neither the Company nor the Right Agent shall be affected by any notice to the contrary.


 


This Right does not entitle
the registered holder to any of the rights of a shareholder of the Company.


 


Dated:


 


	 	 	 
	CHAIRMAN	 	CHIEF FINANCIAL OFFICER


 






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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.


 


Apollo Acquisition Corporation


 


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 rights represented thereby are issued and shall be held subject to all the provisions of the Memorandum
and Articles of Association and all amendments thereto and resolutions of the Board of Directors providing for the issue of 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.


 


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)


	 
	 
	Rights represented by the within Certificate, and do hereby irrevocably constitute and appoint
	 
	 
	Attorney to transfer said rights 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.


 






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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 of this certificate shall have no right or interest of any
kind in or to the funds held in the Company’s trust account (as defined in the Prospectus).


 


 


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