Exhibit 4.5


 


	NUMBER	 	RIGHTS


 


______R


 


HL
ACQUISITIONS CORP.


 


INCORPORATED
UNDER THE LAWS OF THE BRITISH VIRGIN ISLANDS


 


RIGHT


 


	 	SEE
    REVERSE FOR
	 	CERTAIN
    DEFINITIONS
	 	 
	 	CUSIP
    G4603R 130 


 


THIS
CERTIFIES THAT, for value received


 


is
the registered holder of a right or rights (the “Right”) to receive one-tenth of one ordinary share, no par value
per share (“Ordinary Shares”), of HL Acquisitions Corp. (the “Company”) for each Right evidenced by this
Right 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 Continental Stock Transfer & Trust Company. In no event will the Company be required
to net cash settle any Right or issue a fractional Ordinary Share.


 


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, as the same may be amended from time to time,
the Right(s) 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 Continental Stock Transfer &
Trust Company, 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 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.


 


Holders
of Rights are not entitled to any of the rights of a shareholder of the Company.


 


Dated:


 


	 	 	 
	CHAIRMAN	 	SECRETARY


 




     


     


    

 


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.


 


HL
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 rights represented thereby are issued and shall be
held subject to all the provisions of the Rights Agreement, and all amendments thereto, 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 the 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.



 


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).