Document:

Exhibit 4.4

 

Form of Right Certificate

 

	
    NUMBER

     

    _________R
	RIGHTS

 

HAINAN MANASLU ACQUISITION CORP.

INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDS

 

RIGHT

 

	 	SEE REVERSE FOR
	 	CERTAIN DEFINITIONS

 

SEE REVERSE FOR

CERTAIN DEFINITIONS

 

CUSIP G4233U 115

 

THIS RIGHT CERTIFICATE CERTIFIES
THAT, for value received, ____________________________, or registered assigns, is the registered holder of a right or
rights (the “Right” or “Rights,” respectively) to receive one-tenth of one ordinary
share, par value $0.0001 per share (“Ordinary Share”), of Hainan Manaslu Acquisition Corp., a Cayman Islands
exempted company (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 (the “Rights Agreement”) between the
Company and Continental Stock Transfer & Trust Company, as Rights Agent (the “Rights 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,
as the same may be amended from time to time, the Right(s) shall expire and be worthless. The holder of a Right or Rights shall have no
right or interest of any kind in the Company’s trust account.

 

Upon due presentment for registration of transfer of the Right Certificate
at the office or agency of the Rights 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 Rights 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 Rights Agent shall be affected by any notice to the contrary.

 

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

 

Dated:

 

	 	[Corporate Seal]	 
	 Secretary	 	 Chairman of the Board  

 

	 	CHIEF EXECUTIVE OFFICER

  

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 U.S. Uniform Gifts to Minors Act ______________

 

Additional Abbreviations may also be used though
not in the above list.

 

    2

     

    

 

HAINAN MANASLU ACQUISITION 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 share 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(s), assign(s) and transfer(s) unto

 

PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE

 

	 

 

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

 

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 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED OR ANY SUCCESSOR RULE).

 

 

3Exhibit 4.6

 

FORM OF RIGHTS AGREEMENT

 

This Right Agreement (this “Agreement”)
is made as of [•], 2022 between Hainan Manaslu Acquisition Corp., a Cayman Islands exempted company (the “Company”),
and Continental Stock Transfer & Trust Company, a New York limited purposes trust company, with offices at 1 State Street, New York,
New York 10004 (“Rights Agent”).

 

WHEREAS, the Company is engaged in
an initial public offering (the “Offering”) of units of the Company’s equity securities (each, a “Unit”
and collectively, the “Units”) through Ladenburg Thalmann & Co. Inc. (the “Representative”),
as representative of the several underwriters (the “Underwriters”), each such Unit comprised of (i) one ordinary
share of the Company, par value $.0001 per share (the “Ordinary Share”); (ii) one-half of a redeemable warrant
(the “Warrant”), each whole Warrant entitling the holder thereof to purchase one Ordinary Share; and (iii) one
right to receive one-tenth of one Ordinary Share (the “Public Right”) upon the happening of an “Exchange
Event” (defined herein), and in connection therewith, has determined to issue and deliver up to 6,900,000 Public Rights
(including up to 900,000 Public Rights subject to the over-allotment option) to public investors in the Offering; and

 

WHEREAS, on ____________, 2022, the
Company entered into certain Private Placement Unit Purchase Agreement with Bright Winlong LLC, a Cayman Islands limited liability company
(the “Sponsor”), pursuant to which the Sponsor agreed to purchase an aggregate of 280,000 private placement
units (or 307,000 private placement units if the over-allotment option is exercised in full by the Underwriters) simultaneously with the
closing of the Offering at a purchase price of $10.00 per unit and in connection therewith, will issue and deliver up to an aggregate
of 280,000 rights (or 307,000 if the over-allotment option is exercised in full by the Underwriters) (the “Private Placement
Rights”); and

 

WHEREAS, in order to finance the Company’s
transaction costs in connection with an intended initial Business Combination (as defined in the Company’s Amended and Restated
Memorandum and Articles of Association), the Sponsor or an affiliate of the Sponsor or certain of the Company’s executive officers
and directors may, but are not obligated to, loan to the Company funds as the Company may require, of which up to $1,500,000 may be converted
into up to an additional 150,000 private placement units at a price of $10.00 per unit, and in connection therewith, the Company will
issue and deliver up to an aggregate of 150,000 rights as part of such private unit (the “Working Capital Rights”);

 

WHEREAS, in order to extend the period
of time to consummate a Business Combination by an additional one month (for a total of up to 21 months to complete a Business Combination),
the Sponsor (or its designees) must deposit into the trust account $198,000 or $227,700 if the underwriters’ over-allotment option
is exercised in full (approximately $0.033 per public share in either case) on or prior to the date of the applicable deadline, for each
one month extension (up to an aggregate of $1,782,000 (or $2,049,300 if the underwriters’ over-allotment option is exercised in
full), or $0.297 per public share, for an aggregate of nine months), in exchange for a non-interest bearing, unsecured promissory note,
and such loan may be convertible into Units at a price of $10.00 per Unit, each Unit consisting of one Ordinary Share, one right to receive
one-tenth of one Ordinary Share (the “Extension Loan Rights”) and one-half of one redeemable warrant to purchase
one Ordinary Share; and

 

WHEREAS, the Company may issue additional
rights from time to time that are to be governed by this Agreement (“Post-IPO Rights” and together with the
Private Placement Rights, the Working Capital Rights and the Public Rights, the “Rights”) in connection with,
or following the consummation by the Company of, a Business Combination; and

 

WHEREAS,
the Company has filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement
on Form S-1 (the “Registration Statement”), File No. 333-261340, and the
prospectus forming a part thereof (the “Prospectus”), for the registration under the Securities Act of 1933,
as amended (the “Securities Act”), of the Units, each of the securities comprising the Units, and the Ordinary
Shares underlying the Public Rights included in the Units, which Registration Statement has been declared effective by the SEC; and

 

     

     

    

 

WHEREAS, the Company desires the Rights
Agent to act on behalf of the Company, and the Rights Agent is willing to so act, in connection with the issuance, registration, transfer
and exchange of the Rights; and

 

WHEREAS, the Company desires to provide
for the form and provisions of the Rights, the terms upon which they shall be issued, and the respective rights, limitation of rights,
and immunities of the Company, the Rights Agent, and the holders of the Rights; and

 

WHEREAS, all acts and things have been
done and performed which are necessary to make the Rights, when executed on behalf of the Company and countersigned by or on behalf of
the Rights Agent, as provided herein, the valid, binding and legal obligations of the Company, and to authorize the execution and delivery
of this Agreement.

 

NOW, THEREFORE, in consideration of the mutual agreements
herein contained, the parties hereto agree as follows:

 

1. Appointment
of Rights Agent. The Company hereby appoints the Rights Agent to act as agent for the Company for the Rights, and the Rights Agent
hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth in this Agreement.

 

 2. Rights.

 

2.1. Form
of Right. Each Right shall be issued in registered form only, shall be in substantially the form of Exhibit A hereto,
the provisions of which are incorporated herein and shall be signed by, or bear the facsimile signature of, the Chairman of the Company’s
board of directors (the “Board”), President, Chief Executive Officer, Chief Financial Officer, and the Secretary
or other principal officer of the Company. In the event the person whose facsimile signature has been placed upon any Right shall have
ceased to serve in the capacity in which such person signed the Right before such Right is issued, it may be issued with the same effect
as if he or she had not ceased to be such at the date of issuance.

 

2.2. Effect
of Countersignature. Unless and until countersigned by the Rights Agent pursuant to this Agreement, a Right shall be invalid
and of no effect and may not be exchanged for Ordinary Shares.

 

 2.3. Registration.

 

2.3.1. Right
Register. The Rights Agent shall maintain books (“Right Register”) for the registration of original
issuance and the registration of transfer of the Rights. Upon the initial issuance of the Rights, the Rights Agent shall issue and register
the Rights in the names of the respective holders thereof in such denominations and otherwise in accordance with instructions delivered
to the Rights Agent by the Company.

 

2.3.2. Registered
Holder. Prior to due presentment for registration of transfer of any Right, the Company and the Rights Agent may deem and treat the
person in whose name such Right shall be registered upon the Right Register (“registered holder”) as the absolute
owner of such Right and of each Right represented thereby (notwithstanding any notation of ownership or other writing on the Right Certificate
made by anyone other than the Company or the Rights Agent), for the purpose of the exchange thereof, and for all other purposes, and neither
the Company nor the Rights Agent shall be affected by any notice to the contrary.

 

2.4. Detachability
of Rights. The Ordinary Shares, Warrants and Rights comprising the Units shall begin separate trading following the earlier
to occur of: (i) the 52nd day following the date of the Prospectus or (ii) the announcement by the Representative of its intention
to allow separate earlier trading, but in no event shall the Ordinary Shares, the Warrants and Rights comprising the Units be separately
traded until the Company has filed a Current Report on Form 8-K with the SEC containing an audited balance sheet reflecting the receipt
by the Company of the gross proceeds of the Offering, including the proceeds then received by the Company from the exercise by the underwriters
of their right to purchase additional Units in the Offering (the “Over-Allotment Option”).

 

 3. Terms and Exchange of Rights

 

3.1. Rights.
Each Right shall entitle the holder thereof to receive one-tenth of one Ordinary Share upon the happening of an Exchange Event. No additional
consideration shall be paid by a holder of Rights in order to receive his, her or its Ordinary Shares upon an Exchange Event as the purchase
price for such Ordinary Shares has been included in the purchase price for the Units. In no event will the Company be required to net
cash settle the Rights or issue fractional Ordinary Shares.

 

    2

     

    

 

3.2. Exchange
Event. An “Exchange Event” shall occur upon the Company’s consummation of an initial Business Combination
(as defined in the Company’s Amended and Restated Memorandum and Articles of Association).

 

 3.3. Exchange of Rights.

 

3.3.1. Issuance
of Ordinary Shares. As soon as practicable upon the occurrence of an Exchange Event, the Company shall direct holders of the Rights
to return their Rights Certificates to the Rights Agent. Upon receipt of a valid Rights Certificate, the Company shall. issue to the registered
holder of such Right(s) the number of full Ordinary Shares to which he, she or it is entitled, registered in such name or names as may
be directed by him, her or it and issue to such Registered Holder(s) a certificate or book-entry position for the such shares. Notwithstanding
the foregoing, or any provision contained in this Agreement to the contrary, in no event will the Company be required to net cash settle
the Rights. The Company shall not issue fractional shares upon exchange of Rights. In the event that any holder would otherwise be entitled
to any fractional share upon exchange of Rights, at the time of an Exchange Event, the Company will instruct the Rights Agent how any
such entitlement will be addressed. To the fullest extent permitted by the Company’s Amended and Restated Memorandum and Articles
of Association the Company reserves the right to deal with any such fractional entitlement at the relevant time in any manner permitted
by the Securities Act and the Amended and Restated Memorandum and Articles of Association, which would include the rounding down of any
entitlement to receive Ordinary Shares to the nearest whole share (and in effect extinguishing any fractional entitlement), or the holder
being entitled to hold any remaining fractional entitlement (without any share being issued) and to aggregate the same with any future
fractional entitlement to receive shares in the Company until the holder is entitled to receive a whole number. Any rounding down and
extinguishment may be done with or without any in lieu cash payment or other compensation being made to the holder of the relevant Rights,
such that value received on exchange of the Rights may be considered less than the value that the holder would otherwise expect to receive.

 

3.3.2. Valid
Issuance. All Ordinary Shares issued upon an Exchange Event in conformity with this Agreement shall be validly issued, fully paid
and non-assessable.

 

3.3.3. Date
of Issuance. Each person in whose name any such certificate or book entry position, for Ordinary Shares is issued shall for all purposes
be deemed to have become the holder of record of such Ordinary Shares on the date of the Exchange Event, irrespective of the date of delivery
of such certificate or entry of position.

 

3.3.4 Company
Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the
publicly held reporting entity, the definitive agreement will provide for the holders of Rights to receive the same per share consideration
the holders of the Ordinary Shares will receive in such transaction, for the number of Ordinary Shares such holder is entitled to pursuant
to Section 3.3.1 above. If the Company does not continue as the publicly held reporting entity upon an Exchange Event, each holder of
a Right will be required to affirmatively convert his/her or its rights in order to receive the one-tenth of one Ordinary Share underlying
each Right (without paying any additional consideration) upon consummation of the Exchange Event. In such a case, each holder of a Right
will be required to indicate his, her or its election to convert the Rights into underlying Ordinary Shares as well as to return the original
certificates evidencing the Rights to the Company.

 

3.5 Duration
of Rights. If an Exchange Event does not occur within the time 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, the Rights shall expire and shall be worthless.

 

 4. Transfer and Exchange of Rights.

 

4.1. Registration
of Transfer. The Rights Agent shall register the transfer, from time to time, of any outstanding Right upon the Right Register, upon
surrender of such Right for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions
for transfer. Upon any such transfer, a new Right representing an equal aggregate number of Rights shall be issued and the old Right shall
be cancelled by the Rights Agent. The Rights so cancelled shall be delivered by the Rights Agent to the Company from time to time upon
request.

 

    3

     

    

 

4.2. Procedure
for Surrender of Rights. Rights may be surrendered to the Rights Agent, together with a written request for exchange or transfer,
and thereupon the Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights
so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer
bears a restrictive legend and the new Rights to be issued will not bear a restrictive legend, the Rights Agent shall not cancel such
Right and issue new Rights in exchange therefor until the Rights Agent has received an opinion of counsel for the Company stating that
such transfer may be made and indicating no restrictive legend is required.

 

4.3. Fractional
Rights. The Rights Agent shall not be required to effect any registration of transfer or exchange which will result in the
issuance of a Right Certificate for a fraction of a Right.

 

 4.4. Service Charges. No service charge shall be made for any exchange or registration of transfer of Rights.

 

4.5. Adjustments
to Conversion Ratios. The number of Ordinary Shares that the holders of Rights are entitled to receive as a result of the occurrence
of an Exchange Event shall be equitably adjusted to reflect appropriately the effect of any share split, reverse share split, share dividend,
reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to the Ordinary
Shares occurring on or after the date hereof and prior to the Exchange Event.

 

4.6. Right
Execution and Countersignature. The Rights Agent is hereby authorized to countersign and to deliver, in accordance with the
terms of this Agreement, the Rights required to be issued pursuant to the provisions of this Section 4, and the Company, whenever required
by the Rights Agent, will supply the Rights Agent with Rights duly executed on behalf of the Company for such purpose.

 

 5. Other Provisions Relating to Rights of Holders of Rights.

 

5.1. No
Rights as Shareholder. Until exchange of a Right for Ordinary Shares as provided for herein, a Right does not entitle the registered
holder thereof to any of the rights of a shareholder of the Company, including, without limitation, the right to receive dividends, or
other distributions, exercise any preemptive rights to vote or to consent or to receive notice as shareholders in respect of shareholder
meetings or the appointment of directors of the Company or any other matter.

 

5.2. Lost,
Stolen, Mutilated, or Destroyed Rights. If any Right is lost, stolen, mutilated, or destroyed, the Company and the Rights
Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated Right,
include the surrender thereof), issue a new Right of like denomination, tenor, and date as the Right so lost, stolen, mutilated, or destroyed.
Any such new Right shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated,
or destroyed Right shall be at any time enforceable by anyone.

 

5.3. Reservation
of Ordinary Shares. The Company shall at all times reserve and keep available a number of its authorized but unissued Ordinary Shares
that will be sufficient to permit the exchange of all outstanding Rights issued pursuant to this Agreement.

 

 6. Concerning the Rights Agent and Other Matters.

 

6.1. Payment
of Taxes. The Company will from time to time promptly pay all taxes and charges that may be imposed upon the Company or the Rights
Agent in respect of the issuance or delivery of Ordinary Shares upon the exchange of Rights, but the Company shall not be obligated to
pay any transfer taxes in respect of the Rights or such Ordinary Shares.

 

 6.2. Resignation, Consolidation, or Merger of Rights Agent.

 

6.2.1. Appointment of Successor Rights Agent. The Rights Agent, or
any successor to it hereafter appointed, may resign its duties and be discharged from all further duties and liabilities hereunder after
giving sixty (60) days’ notice in writing to the Company. If the office of the Rights Agent becomes vacant by resignation or incapacity
to act or otherwise, the Company shall appoint in writing a successor Rights Agent in place of the Rights Agent. If the Company shall
fail to make such appointment within a period of 30 days after it has been notified in writing of such resignation or incapacity by the
Rights Agent or by the holder of the Right (who shall, with such notice, submit his, her or its Right for inspection by the Company),
then the holder of any Right may apply to the Supreme Court of the State of New York for the County of New York for the appointment of
a successor Rights Agent at the Company’s cost. Any successor Rights Agent, whether appointed by the Company or by such court, shall
be a corporation organized and existing under the laws of the State of New York, in good standing and having its principal office in the
Borough of Manhattan, City and State of New York, and authorized under such laws to exercise corporate trust powers and subject to supervision
or examination by federal or state authority. After appointment, any successor Rights Agent shall be vested with all the authority, powers,
rights, immunities, duties, and obligations of its predecessor Rights Agent with like effect as if originally named as Rights Agent hereunder,
without any further act or deed; but if for any reason it becomes necessary or appropriate, the predecessor Rights Agent shall execute
and deliver, at the expense of the Company, an instrument transferring to such successor Rights Agent all the authority, powers, and rights
of such predecessor Rights Agent hereunder; and upon request of any successor Rights Agent the Company shall make, execute, acknowledge,
and deliver any and all instruments in writing for more fully and effectually vesting in and confirming to such successor Rights Agent
all such authority, powers, rights, immunities, duties, and obligations.

 

    4

     

    

 

6.2.2. Notice
of Successor Rights Agent. In the event a successor Rights Agent shall be appointed, the Company shall give notice thereof
to the predecessor Rights Agent and the transfer agent for the Ordinary Share not later than the effective date of any such appointment.

 

6.2.3. Merger
or Consolidation of Rights Agent. Any corporation into which the Rights Agent may be merged or with which it may be
consolidated or any corporation resulting from any merger or consolidation to which the Rights Agent shall be a party shall be the successor
Rights Agent under this Agreement without any further act.

 

 6.3. Fees and Expenses of Rights Agent.

 

6.3.1. Remuneration.
The Company agrees to pay the Rights Agent reasonable remuneration for its services as such Rights Agent hereunder and will reimburse
the Rights Agent upon demand for all expenditures that the Rights Agent may reasonably incur in the execution of its duties hereunder.

 

6.3.2. Further
Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged, and
delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Rights Agent for the carrying
out or performing of the provisions of this Agreement.

 

 6.4. Liability of Rights Agent.

 

6.4.1. Reliance
on Company Statement. Whenever in the performance of its duties under this Agreement, the Rights Agent shall deem it necessary
or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact
or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established
by a statement signed by the Chief Executive Officer, Chief Financial Officer, President, Executive Vice President, Vice President, Secretary
or Chairman of the Board of the Company and delivered to the Rights Agent. The Rights Agent may rely upon such statement for any action
taken or suffered in good faith by it pursuant to the provisions of this Agreement.

 

6.4.2. Indemnity.
The Rights Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith. Subject to Section 6.6
below, the Company agrees to indemnify the Rights Agent and save it harmless against any and all liabilities, including judgments, costs
and reasonable counsel fees, for anything done or omitted by the Rights Agent in the execution of this Agreement except as a result of
the Rights Agent’s gross negligence, willful misconduct, or bad faith.

 

6.4.3. Exclusions.
The Rights Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the validity or execution
of any Right (except its countersignature thereof). The Rights Agent shall not be responsible for any breach by the Company of any covenant
or condition contained in this Agreement or in any Right; nor shall it by any act hereunder be deemed to make any representation or warranty
as to the authorization or reservation of any Ordinary Shares to be issued pursuant to this Agreement or any Right or as to whether any
Ordinary Shares will when issued be valid and fully paid and non-assessable.

 

6.5 Acceptance
of Agency. The Rights Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon the
terms and conditions herein set forth.

 

6.6 Waiver.
The Rights Agent hereby waives any right of set-off or any other right, title, interest or claim of any kind (“Claim”)
in, or to any distribution of, the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date
hereof, by and between the Company and the Rights Agent as trustee thereunder) and hereby agrees not to seek recourse, reimbursement,
payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

 

    5

     

    

 

 7. Miscellaneous Provisions.

 

7.1. Successors.
All the covenants and provisions of this Agreement by or for the benefit of the Company or the Rights Agent shall bind and inure to the
benefit of their respective successors and assigns.

 

7.2. Notices.
Any notice, statement or demand authorized by this Agreement to be given or made by the Rights Agent or by the holder of any Right to
or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private
courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by
the Company with the Rights Agent), as follows:

 

Hainan Manaslu Acquisition Corp.

B3406, 34F, West Tower, Block B

Guorui Building, 11 Guoxing Avenue

Haikou, Hanan Province, PRC 570203

Attention: Zhifan Zhou

Email: larry_chow86@aliyun.com

 

Any notice, statement or demand authorized by this Agreement
to be given or made by the holder of any Right or by the Company to or on the Rights Agent shall be sufficiently given when so delivered
if by hand or overnight delivery or if sent by certified mail or private courier service within five days after deposit of such notice,
postage prepaid, addressed (until another address is filed in writing by the Rights Agent with the Company), as follows:

 

Continental Stock Transfer & Trust Company

1 State Street

New York, New York 10004

Attn: Compliance Department

 

in each case, with a copy to:

 

Ellenoff Grossman & Schole LLP

1345 Avenue of the Americas, 11th Floor

New York, New York 10105

Attn: Richard I. Anslow, Esq.

Email: ranslow@egsllp.com

 

and

 

Ladenburg Thalmann & Co. Inc.

640 Fifth Ave., 4th Floor

New York, NY 10019 ¶

Attn: Steven Kaplan

Email: skaplan@ladenburg.com

 

and

 

Blank Rome LLP

1271 Avenue of the Americas

New York, New York 10020

Attn: Brad Shiffman, Esq.

Email: brad.shiffman@blankrome.com

 

    6

     

    

 

7.3. Applicable Law and Exclusive Forum. The validity, interpretation, and performance
of this Agreement and of the Rights shall be governed in all respects by the laws of the State of New York, without giving effect to conflict
of laws. Subject to applicable law, the Company and the Rights Agent hereby agree that any action, proceeding or claim against either
of them arising out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York or
the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction
shall be exclusive forum for any such action, proceeding or claim. The Company and the Rights Agent hereby waive any objection to such
exclusive jurisdiction and that such courts represent an inconvenient forum. Notwithstanding the foregoing, the provisions of this paragraph
will not apply to suits brought to enforce (i) any liability or duty created by the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or the rules and regulations thereunder for which Section 27 of the Exchange Act creates exclusive federal jurisdiction,
(ii) with respect to suits brought in federal courts, any duty or liability created by the Securities Act or the rules and regulations
thereunder for which Section 22 of the Securities Act creates concurrent jurisdiction for federal and state courts or (iii) any other
claim for which the federal district courts of the United States of America are the sole and exclusive forum.

 

Any person or entity purchasing or otherwise
acquiring any interest in the Rights shall be deemed to have notice of and to have consented to the forum provisions in this Section
7.3. If any action, the subject matter of which is within the scope the forum provisions above, is filed in a court other than a court
located within the State of New York or the United States District Court for the Southern District of New York (a “foreign
action”) in the name of any right holder, such right holder shall be deemed to have consented to: (x) the personal jurisdiction
of the state and federal courts located within the State of New York or the United States District Court for the Southern District of
New York in connection with any action brought in any such court to enforce the forum provisions (an “enforcement action”),
and (y) having service of process made upon such right holder in any such enforcement action by service upon such right holder’s
counsel in the foreign action as agent for such right holder.

 

7.4. Persons
Having Rights under this Agreement. Nothing in this Agreement expressed and nothing that may be implied from
any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the
parties hereto and the Registered Holders of the Rights and any right, remedy, or claim under or by reason of this Agreement or of any
covenant, condition, stipulation, promise, or agreement hereof. All covenants, conditions, stipulations, promises, and agreements contained
in this Agreement shall be for the sole and exclusive benefit of the parties hereto and their successors and assigns and of the Registered
Holders of the Rights.

 

7.5. Examination
of the Right Agreement. A copy of this Agreement shall be available at all reasonable times at the office of the Rights
Agent in the Borough of Manhattan, City and State of New York, for inspection by the registered holder of any Right. The Rights Agent
may require any such holder to submit his, her or its Right for inspection by it.

 

7.6. Counterparts.
This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall for all purposes
be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

7.7. Effect of Headings.
The Section headings herein are for convenience only and are not part of this Agreement and shall not affect the interpretation thereof.

 

7.8. Amendments.
This Agreement may be amended by the parties hereto without the consent of any registered holder for the purpose of curing any ambiguity,
or of curing, correcting or supplementing any defective provision contained herein, including to conform the provisions hereof to the
description of the terms of the Rights and this Agreement set forth in the Prospectus, or adding or changing any other provisions with
respect to matters or questions arising under this Agreement as the parties may deem necessary or desirable and that the parties deem
shall not adversely affect the interest of the registered holders. All other modifications or amendments shall require the vote or written
consent of the registered holders of a majority of the number of then outstanding Rights.

  

7.9. Severability.
This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect the
validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable
term or provision, the parties hereto intend that there shall be added as a part of this Agreement a provision as similar in terms to
such invalid or unenforceable provision as may be possible and be valid and enforceable.

 

[Signature Page Follows]

 

    8

     

    

 

IN WITNESS WHEREOF, this Agreement has been duly executed
by the parties hereto as of the day and year first above written.

 

	 	HAINAN MANASLU ACQUISITION CORP.
	 	 
	 	By: 	 
	 	 	Name: 	Zhifan Zhou
	 	 	Title: 	Chairman and Chief Executive Officer
	 	 	 	 
	 	CONTINENTAL STOCK TRANSFER & TRUST COMPANY
	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title: 	 

 

[Signature Page to Rights Agreement]

 

    9

     

    

 

Exhibit A

 

Form of Right Certificate

 

NUMBER

 

_________R

 

HAINAN MANASLU ACQUISITION CORP.

INCORPORATED
UNDER THE LAWS OF

THE CAYMAN ISLANDS

 

RIGHT

 

SEE REVERSE

FOR CERTAIN

DEFINITIONS

 

CUSIP G4233U 115

 

THIS RIGHT
CERTIFICATE CERTIFIES THAT, for value received, ____________________________, or registered assigns, is the registered holder
of a right or rights (the “Right” or “Rights,” respectively) to receive one-tenth of one ordinary share, par
value $0.0001 per share (“Ordinary Share”), of Hainan Manaslu Acquisition Corp., a Cayman Islands exempted company (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 (the “Rights Agreement”) between the Company and Continental Stock Transfer & Trust
Company, as Rights Agent (the “Rights 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,
as the same may be amended from time to time, the Right(s) shall expire and be worthless. The holder of a Right or Rights shall have no
right or interest of any kind in the Company’s trust account.

 

Upon due presentment for registration of transfer of the Right Certificate
at the office or agency of the Rights 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 Rights 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 Rights Agent shall be affected by any notice to the contrary.

 

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

 

Dated:

 

	 	 	 
	 	[Corporate Seal]	 
	Secretary	 	Chairman of the Board

 

    10

     

    

 

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	
	TEN ENT – as tenants by the entireties	MIN –– ACT	(Cust)	 	(Minor)
	 	 	 
	JT TEN – as joint tenants with right of survivorship and not as tenants in common	under U.S. Uniform Gifts to Minors Act
	 	 		 	 

 

Additional Abbreviations may also be used though not in the above list.

 

HAINAN MANASLU

ACQUISITION
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 share 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(s), assign(s) and transfer(s) unto

 

PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING
NUMBER OF ASSIGNEE

 

	  

 

 

 

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

 

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 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED OR ANY SUCCESSOR RULE).

 

 

11

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