Document:

Exhibit 10.4

   

  REGISTRATION RIGHTS AGREEMENT

   

  THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of [-], 2021, is made and entered into by and among Blue Ocean Acquisition
    Corp, a Cayman Islands exempted company (the “Company”), Blue Ocean Sponsor LLC, a Cayman Islands limited liability company (the “Sponsor”), Apollo SPAC Fund I, L.P. (“Apollo”), and each individual named on the signature pages
    hereto, (together with the Sponsor, Apollo and any person or entity who hereafter becomes a party to this Agreement pursuant to Section 5.2 of this Agreement, a “Holder” and collectively the “Holders”).

   

  RECITALS

   

  WHEREAS, the Sponsor purchased 4,312,500 shares of the Company’s Class B ordinary shares, par value $0.0001 per share (the “Class B Ordinary
      Shares”);

   

  WHEREAS, the Class B Ordinary Shares are convertible into the Company’s Class A ordinary shares, par value $0.0001 per share (the “Ordinary
      Shares”), at the time of the initial Business Combination on a one-for-one basis, subject to adjustment, on the terms and conditions provided in the Company’s amended and restated memorandum and articles of association, as may be amended from
    time to time;

   

  WHEREAS, on [-], 2021, the Company and the Sponsor entered into that certain Private Placement Warrants Purchase Agreement, pursuant to which
    the Sponsor agreed to purchase 7,650,000 warrants (or up to 8,550,000 warrants if the Underwriter’s (as defined below) option to purchase additional units in connection with the Company’s initial public offering is exercised in full) (the “ Sponsor
      Private Placement Warrants”), in a private placement transaction occurring simultaneously with the closing of the Company’s initial public offering;

   

  WHEREAS, in October 2021, the Company and the Sponsor entered into a subscription agreement (the “Apollo Subscription Agreement”) with
    Apollo, pursuant to which Apollo agreed to purchase an aggregate of 100,000 Private Placement Warrants (the “Apollo Private Placement Warrants”; together with the Sponsor Private Placement Warrants, the “Private Placement Warrants”)

    at a purchase price of $1.00 per Private Placement Warrant. Each Private Placement Warrant entitles the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment as described herein;

   

  WHEREAS, in order to finance the Company’s transaction costs in connection with an intended Business Combination (as defined below), the
    Sponsor or certain of the Company’s officers or directors may, but are not obligated to, loan the Company funds as the Company may require, of which up to $1,500,000 of such loans may be convertible into an additional 1,500,000 Private Placement
    Warrants (the “Working Capital Warrants”); and

   

  WHEREAS, the Company and the Holders desire to enter into this Agreement, pursuant to which the Company shall grant the Holders certain
    registration rights with respect to certain securities of the Company, as set forth in this Agreement.

   

  NOW, THEREFORE, in consideration of the mutual representations, covenants and agreements contained herein, and certain other good and
    valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

   

  
  
     

  

  
     

  

  
  

   

  Article I Definitions

   

  1.1       Definitions.

   

  The terms defined in this Article I shall, for all purposes of this Agreement, have the respective meanings set forth below:

   

  “Adverse Disclosure” shall mean any public disclosure of material non-public information, which disclosure, in the good faith judgment of the
    Chief Executive Officer, President, Secretary or Chief Financial Officer of the Company, after consultation with counsel to the Company, (i) would be required to be made in any Registration Statement or Prospectus in order for the applicable
    Registration Statement or Prospectus not to contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained therein (in the case of any prospectus and any preliminary prospectus, in the light
    of the circumstances under which they were made) not misleading, (ii) would not be required to be made at such time if the Registration Statement were not being filed and (iii) the Company has a bona fide business purpose for not making such
    information public.

   

  “Agreement” shall have the meaning given in the Preamble.

   

  “Apollo” shall have the meaning given in the Preamble.

   

  “Board” shall mean the Board of Directors of the Company.

   

  “Business Combination” shall mean any merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other
    similar business combination with one or more businesses or entities involving the Company.

   

  “Class B Ordinary Shares” shall have the meaning given in the Recitals hereto.

   

  “Commission” shall mean the U.S. Securities and Exchange Commission.

   

  “Company” shall have the meaning given in the Preamble.

   

  “Demand Registration” shall have the meaning given in subsection 2.1.1.

   

  “Demanding Holder” shall have the meaning given in subsection 2.1.1.

   

  “Exchange Act” shall mean the Securities Exchange Act of 1934, as it may be amended from time to time.

   

  “Form S-1” shall have the meaning given in subsection 2.1.1.

   

  “Form S-3” shall have the meaning given in subsection 2.3.1.

   

  
  
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  “Founder Shares” shall mean the Class B Ordinary Shares and shall be deemed to include the Ordinary Shares issuable upon conversion thereof.

   

  “Founder Shares Lock-Up Period” shall mean, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the
    completion of the Company’s initial Business Combination and (B) subsequent to the initial Business Combination, (x) if the last reported sales price of the Ordinary Shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share
    capitalizations, reorganizations, recapitalizations and other similar transactions) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) until 30 days after the
    date on which the Company completes a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of the Company’s shareholders having the right to exchange their Ordinary Shares for cash, securities or other
    property.

   

  “Holders” shall have the meaning given in the Preamble.

   

  “Insider Letter” shall mean that certain letter agreement, dated as of the date hereof, by and among the Company, the Sponsor and the other
    parties thereto.

   

  “Maximum Number of Securities” shall have the meaning given in subsection 2.1.4.

   

  “Misstatement” shall mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a
    Registration Statement or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus (in the case of a Prospectus, in the light of the circumstances under which they were made) not misleading.

   

  “Ordinary Shares” shall have the meaning given in the Recitals hereto.

   

  “Permitted Transferees” shall mean any person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable
    Securities prior to the expiration of the Founder Shares Lock-Up Period or Private Placement Lock-Up Period, as the case may be, under the Insider Letter and any other applicable agreement between such Holder and the Company, and to any transferee
    thereafter.

   

  “Piggyback Registration” shall have the meaning given in subsection 2.2.1.

   

  “Private Placement Lock-Up Period” shall mean, with respect to Private Placement Warrants that are held by the initial purchasers of such
    Private Placement Warrants or their Permitted Transferees, and the Ordinary Shares issuable upon the exercise of such Private Placement Warrants, the period ending 30 days after the completion of the Company’s initial Business Combination.

   

  “Private Placement Warrants” shall have the meaning given in the Recitals hereto.

   

  “Pro Rata” shall have the meaning given in subsection 2.14.

   

  
  
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  “Prospectus” shall mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as
    amended by any and all post-effective amendments and including all material incorporated by reference in such prospectus.

   

  “Registrable Security” shall mean (a) the Founder Shares (including any Ordinary Shares or other equivalent equity security issued or issuable
    upon the conversion of any such Founder Shares or exercisable for Ordinary Shares), (b) the Private Placement Warrants (and any Ordinary Shares issued or issuable upon the exercise of such Private Placement Warrants), (c) the Working Capital Warrants
    (and any Ordinary Shares issued or issuable upon the exercise of such Working Capital Warrants), (d) any outstanding Ordinary Shares or any other equity security (including the Ordinary Shares issued or issuable upon the exercise of any other equity
    security) of the Company held by a Holder as of the date of this Agreement, and (e) any other equity security of the Company issued or issuable with respect to any such Ordinary Shares by way of a share capitalization or share split or in connection
    with a combination of shares, recapitalization, merger, consolidation or reorganization; provided, however, that, as to any particular Registrable Security, such securities shall cease to be Registrable Securities when: (i) a
    Registration Statement with respect to the sale of such securities shall have become effective under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement; (ii)
    such securities shall have been otherwise transferred, new certificates for such securities (or the book entry equivalent) not bearing a legend restricting further transfer shall have been delivered by or on behalf of the Company and subsequent public
    distribution of such securities shall not require registration under the Securities Act; (iii) such securities shall have ceased to be outstanding; or (iv) such securities have been sold to, or through, a broker, dealer or underwriter in a public
    distribution or other public securities transaction.

   

  “Registration” shall mean a registration effected by preparing and filing a registration statement or similar document in compliance with the
    requirements of the Securities Act, and the applicable rules and regulations promulgated thereunder, and such registration statement becoming effective.

   

  “Registration Expenses” shall mean the out-of-pocket expenses of a Registration, including, without limitation, the following:

   

  (i) all registration and filing fees (including fees with respect to filings required to be made with the Financial Industry Regulatory
    Authority, Inc.) and any securities exchange on which the Ordinary Shares are then listed;

   

  (ii) fees and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of counsel for the
    Underwriters in connection with blue sky qualifications of Registrable Securities);

   

  (iii) printing, messenger, telephone and delivery expenses;

   

  (iv) reasonable fees and disbursements of outside counsel for the Company;

   

  
  
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  (v) reasonable fees and disbursements of all independent registered public accountants of the Company incurred specifically in connection
    with such Registration; and

   

  (vi) reasonable fees and expenses of one legal counsel selected by the majority-in-interest of the Demanding Holders initiating a Demand
    Registration to be registered for offer and sale in the applicable Registration or the Takedown Requesting Holder initiating an Underwritten Shelf Takedown.

   

  “Registration Statement” shall mean any registration statement that covers the Registrable Securities pursuant to the provisions of this
    Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements to such registration statement, and all exhibits to and all material incorporated by reference in such
    registration statement.

   

  “Requesting Holder” shall have the meaning given in subsection 2.1.1.

   

  “Securities Act” shall mean the Securities Act of 1933, as amended from time to time.

   

  “Shelf” shall have the meaning given in subsection 2.3.1.

   

  “Sponsor” shall have the meaning given in the Preamble hereto.

   

  “Subsequent Shelf Registration” shall have the meaning given in subsection 2.3.2.

   

  “Takedown Requesting Holder” shall have the meaning given in subsection 2.3.3.

   

  “Underwriter” shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part
    of such dealer’s market-making activities.

   

  “Underwritten Registration” or “Underwritten Offering” shall mean a Registration in which securities of the Company are sold to an
    Underwriter in a firm commitment underwriting for distribution to the public.

   

  “Underwritten Shelf Takedown” shall have the meaning given in subsection 2.3.3.

   

  “Working Capital Warrants” shall have the meaning given in the Recitals hereto.

   

  
  
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  Article II Registrations

   

  2.1        Demand Registration.

   

  2.1.1       Request for Registration. Subject to the provisions of subsection 2.1.4 and Section 2.4 hereof, at any time and from
    time to time on or after the date the Company consummates the Business Combination, the Holders of at least a majority in interest of the then-outstanding number of Registrable Securities (the “Demanding Holders”) may make a written demand for
    Registration of all or part of their Registrable Securities, which written demand shall describe the amount and type of securities to be included in such Registration and the intended method(s) of distribution thereof (such written demand a “Demand
      Registration”). The Company shall, within [five business days] of the Company’s receipt of the Demand Registration, notify, in writing, all other Holders of Registrable Securities of such demand, and each Holder of Registrable Securities who
    thereafter wishes to include all or a portion of such Holder’s Registrable Securities in a Registration pursuant to a Demand Registration (each such Holder that includes all or a portion of such Holder’s Registrable Securities in such Registration, a “Requesting

      Holder”) shall so notify the Company, in writing, within three business days after the receipt by the Holder of the notice from the Company. Upon receipt by the Company of any such written notification from a Requesting Holder(s) to the Company,
    such Requesting Holder(s) shall be entitled to have their Registrable Securities included in a Registration pursuant to a Demand Registration and the Company shall effect, as soon thereafter as practicable, but not more than 45 days immediately after
    the Company’s receipt of the Demand Registration, the Registration of all Registrable Securities requested by the Demanding Holders and Requesting Holders pursuant to such Demand Registration. Under no circumstances shall the Company be obligated to
    effect more than an aggregate of three Registrations pursuant to a Demand Registration under this subsection 2.1.1 with respect to any or all Registrable Securities; provided, however, that a Registration shall not be counted
    for such purposes unless a Form S-1 or any similar long-form registration statement that may be available at such time (“Form S-1”) has become effective and all of the Registrable Securities requested by the Requesting Holders to be registered
    on behalf of the Requesting Holders in such Form S-1 Registration have been sold, in accordance with Section 3.1 of this Agreement; provided further that an Underwritten Shelf Takedown shall not count as a Demand Registration.

   

  2.1.2       Effective Registration. Notwithstanding the provisions of subsection 2.1.1 above or any other part of this Agreement, a
    Registration pursuant to a Demand Registration shall not count as a Registration unless and until (i) the Registration Statement filed with the Commission with respect to a Registration pursuant to a Demand Registration has been declared effective by
    the Commission and (ii) the Company has complied with all of its obligations under this Agreement with respect thereto; provided further that if, after such Registration Statement has been declared effective, an offering of Registrable
    Securities in a Registration pursuant to a Demand Registration is subsequently interfered with by any stop order or injunction of the Commission, federal or state court or any other governmental agency the Registration Statement with respect to such
    Registration shall be deemed not to have been declared effective, unless and until, (i) such stop order or injunction is removed, rescinded or otherwise terminated and (ii) a majority-in-interest of the Demanding Holders initiating such Demand
    Registration thereafter affirmatively elect to continue with such Registration and accordingly notify the Company in writing, but in no event later than five days, of such election; provided further that the Company shall not be obligated or
    required to file another Registration Statement until the Registration Statement that has been previously filed with respect to a Registration pursuant to a Demand Registration becomes effective or is subsequently terminated.

   

  2.1.3       Underwritten Offering. Subject to the provisions of subsection 2.1.4 and Section 2.4 hereof, if a
    majority-in-interest of the Demanding Holders so advise the Company as part of their Demand Registration that the offering of the Registrable Securities pursuant to such Demand Registration shall be in the form of an Underwritten Offering, then the
    right of such Demanding Holder or Requesting Holder (if any) to include its Registrable Securities in such Registration shall be conditioned upon such Holder’s participation in such Underwritten Offering and the inclusion of such Holder’s Registrable
    Securities in such Underwritten Offering to the extent provided herein. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection 2.1.3 shall enter into an underwriting
    agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by the majority-in-interest of the Demanding Holders initiating the Demand Registration.

   

  
  
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  2.1.4       Reduction of Underwritten Offering. If the managing Underwriter or Underwriters in an Underwritten Registration pursuant to a Demand
    Registration, in good faith, advises the Company, the Demanding Holders and the Requesting Holders (if any) in writing that the dollar amount or number of Registrable Securities that the Demanding Holders and the Requesting Holders (if any) desire to
    sell, taken together with all other Ordinary Shares or other equity securities that the Company desires to sell and the Ordinary Shares, if any, as to which a Registration has been requested pursuant to separate written contractual piggy-back
    registration rights held by any other shareholders who desire to sell, exceeds the maximum dollar amount or maximum number of equity securities that can be sold in the Underwritten Offering without adversely affecting the proposed offering price, the
    timing, the distribution method, or the probability of success of such offering (such maximum dollar amount or maximum number of such securities, as applicable, the “Maximum Number of Securities”), then the Company shall include in such
    Underwritten Offering, as follows: (i) first, the Registrable Securities of the Demanding Holders and the Requesting Holders (if any) (pro rata based on the respective number of Registrable Securities that each Demanding Holder and Requesting Holder
    (if any) has requested be included in such Underwritten Registration and the aggregate number of Registrable Securities that the Demanding Holders and Requesting Holders have requested be included in such Underwritten Registration (such proportion is
    referred to herein as “Pro Rata”)) that can be sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (i), the Ordinary Shares or
    other equity securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; and (iii) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (i)
    and (ii), the Ordinary Shares or other equity securities of other persons or entities that the Company is obligated to register in a Registration pursuant to separate written contractual arrangements with such persons and that can be sold without
    exceeding the Maximum Number of Securities.

   

  2.1.5       Demand Registration Withdrawal. A majority-in-interest of the Demanding Holders initiating a Demand Registration or a
    majority-in-interest of the Requesting Holders (if any), pursuant to a Registration under subsection 2.1.1 shall have the right to withdraw from a Registration pursuant to such Demand Registration for any or no reason whatsoever upon written
    notification to the Company and the Underwriter or Underwriters (if any) of their intention to withdraw from such Registration prior to the effectiveness of the Registration Statement filed with the Commission with respect to the Registration of their
    Registrable Securities pursuant to such Demand Registration. Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with a Registration pursuant to a Demand
    Registration prior to its withdrawal under this subsection 2.1.5.

   

  
  
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  2.2         Piggyback Registration.

   

  2.2.1       Piggyback Rights. If, at any time on or after the date the Company consummates a Business Combination, the Company proposes to file a
    Registration Statement under the Securities Act with respect to an offering of equity securities, or securities or other obligations exercisable or exchangeable for, or convertible into equity securities, for its own account or for the account of
    shareholders of the Company (or by the Company and by the shareholders of the Company including, without limitation, pursuant to Section 2.1 hereof), other than a Registration Statement (i) filed in connection with any employee stock option or
    other benefit plan, (ii) for an exchange offer or offering of securities solely to the Company’s existing shareholders, (iii) for an offering of debt that is convertible into equity securities of the Company or (iv) for a dividend reinvestment plan,
    then the Company shall give written notice of such proposed filing to all of the Holders of Registrable Securities as soon as practicable but not less than seven days before the anticipated filing date of such Registration Statement, which notice shall
    (A) describe the amount and type of securities to be included in such offering, the intended method(s) of distribution, and the name of the proposed managing Underwriter or Underwriters, if any, in such offering, and (B) offer to all of the Holders of
    Registrable Securities the opportunity to register the sale of such number of Registrable Securities as such Holders may request in writing within three business days after receipt of such written notice (such Registration a “Piggyback Registration”).

    The Company shall, in good faith, cause such Registrable Securities to be included in such Piggyback Registration and shall use its best efforts to cause the managing Underwriter or Underwriters of a proposed Underwritten Offering to permit the
    Registrable Securities requested by the Holders pursuant to this subsection 2.2.1 to be included in a Piggyback Registration on the same terms and conditions as any similar securities of the Company included in such Registration and to permit
    the sale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution thereof. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection

      2.2.1 shall enter into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by the Company. The notice periods set forth in this subsection 2.2.1 shall not apply to an Underwritten
    Shelf Takedown conducted in accordance with subsection 2.3.3.

   

  2.2.2       Reduction of Piggyback Registration. If the managing Underwriter or Underwriters in an Underwritten Registration that is to be a
    Piggyback Registration (other than Underwritten Shelf Takedown), in good faith, advises the Company and the Holders of Registrable Securities participating in the Piggyback Registration in writing that the dollar amount or number of the Ordinary Shares
    that the Company desires to sell, taken together with (i) the Ordinary Shares, if any, as to which Registration has been demanded pursuant to separate written contractual arrangements with persons or entities other than the Holders of Registrable
    Securities hereunder, (ii) the Registrable Securities as to which registration has been requested pursuant to Section 2.2 hereof and (iii) the Ordinary Shares, if any, as to which Registration has been requested pursuant to separate written
    contractual piggy-back registration rights of other shareholders of the Company, exceeds the Maximum Number of Securities, then:

   

  
  
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  (a)       If the Registration is undertaken for the Company’s account, the Company shall include in any such Registration (A) first, the
    Ordinary Shares or other equity securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing
    clause (A), the Registrable Securities of Holders exercising their rights to register their Registrable Securities pursuant to subsection 2.2.1 hereof, Pro Rata based on the respective number of Registrable Securities that each Holder has so
    requested exercising its rights to register its Registrable Securities pursuant to subsection 2.2.1 hereof, which can be sold without exceeding the Maximum Number of Securities; and (C) third, to the extent that the Maximum Number of Securities has not
    been reached under the foregoing clauses (A) and (B), the Ordinary Shares, if any, as to which Registration has been requested pursuant to written contractual piggy-back registration rights of other shareholders of the Company, which can be sold
    without exceeding the Maximum Number of Securities;

   

  (b)       If the Registration is pursuant to a request by persons or entities other than the Holders of Registrable Securities, then the
    Company shall include in any such Registration (A) first, the Ordinary Shares or other equity securities, if any, of such requesting persons or entities, other than the Holders of Registrable Securities, which can be sold without exceeding the Maximum
    Number of Securities; (B) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register their Registrable Securities pursuant
    to subsection 2.2.1, Pro Rata, which can be sold without exceeding the Maximum Number of Securities; (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (A) and (B), the Ordinary
    Shares or other equity securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; and (D) fourth, to the extent that the Maximum Number of Securities has not been reached under the foregoing
    clauses (A), (B) and (C), the Ordinary Shares or other equity securities for the account of other persons or entities that the Company is obligated to register pursuant to separate written contractual arrangements with such persons or entities, which
    can be sold without exceeding the Maximum Number of Securities.

   

  2.2.3       Piggyback Registration Withdrawal. Any Holder of Registrable Securities shall have the right to withdraw from a Piggyback
    Registration for any or no reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of his, her or its intention to withdraw from such Piggyback Registration prior to the effectiveness of the Registration
    Statement filed with the Commission with respect to such Piggyback Registration. The Company (whether on its own good faith determination or as the result of a request for withdrawal by persons pursuant to separate written contractual obligations) may
    withdraw a Registration Statement filed with the Commission in connection with a Piggyback Registration at any time prior to the effectiveness of such Registration Statement. Notwithstanding anything to the contrary in this Agreement, the Company shall
    be responsible for the Registration Expenses incurred in connection with the Piggyback Registration prior to its withdrawal under this subsection 2.2.3.

   

  2.2.4       Unlimited Piggyback Registration Rights. For purposes of clarity, any Registration effected pursuant to Section 2.2 hereof
    shall not be counted as a Registration pursuant to a Demand Registration effected under Section 2.1 hereof.

   

  
  
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  2.3       Shelf Registrations.

   

  2.3.1       Shelf Registration Rights. The Holders of Registrable Securities may at any time, and from time to time, request in writing that the
    Company, pursuant to Rule 415 under the Securities Act (or any successor rule promulgated thereafter by the Commission), register the resale of any or all of their Registrable Securities on Form S-3 or similar short form registration statement that may
    be available at such time (“Form S-3”), or if the Company is ineligible to use Form S-3, on Form S-1; a registration statement filed pursuant to this subsection 2.3.1 (a “Shelf”) shall
      provide for the resale of the Registrable Securities included therein pursuant to any method or combination of methods legally available to, and requested by, any Holder. Within three days of the Company’s receipt of a written request from a
    Holder or Holders of Registrable Securities for a Registration on a Shelf, the Company shall promptly give written notice of the proposed Registration to all other Holders of Registrable Securities, and each Holder of Registrable Securities who
    thereafter wishes to include all or a portion of such Holder’s Registrable Securities in such Registration shall so notify the Company, in writing, within three business days after the receipt by the Holder of the notice from the Company. As soon as
    practicable thereafter, but not more than ten days after the Company’s initial receipt of such written request for a Registration on a Shelf, the Company shall file a Registration Statement relating to all or such portion of such Holder’s Registrable
    Securities as are specified in such written request, together with all or such portion of Registrable Securities of any other Holder or Holders joining in such request as are specified in the written notification given by such Holder or Holders; provided,
    however, that the Company shall not be obligated to effect any such Registration pursuant to this subsection 2.3.1 if the Holders of Registrable Securities, together with the Holders of any other equity securities of the Company entitled
    to inclusion in such Registration, propose to sell the Registrable Securities and such other equity securities (if any) at any aggregate price to the public of less than $10,000,000. The Company shall maintain
      each Shelf in accordance with the terms hereof, and shall prepare and file with the SEC such amendments, including post-effective amendments, and supplements as may be necessary to keep such Shelf continuously effective, available for use and in
      compliance with the provisions of the Securities Act until such time as there are no longer any Registrable Securities included on such Shelf. In the event the Company files a Shelf on Form S-1, the Company shall use its commercially reasonable
      efforts to convert the Form S-1 to a Form S-3 as soon as practicable after the Company is eligible to use Form S-3.

   

  2.3.2       Shelf Registration Effectiveness. If any Shelf ceases to be effective under the Securities Act for any reason at any time while
    Registrable Securities included thereon are still outstanding, the Company shall use its commercially reasonable efforts to as promptly as is reasonably practicable cause such Shelf to again become effective under the Securities Act (including
    obtaining the prompt withdrawal of any order suspending the effectiveness of such Shelf), and shall use its commercially reasonable efforts to as promptly as is reasonably practicable amend such Shelf in a manner reasonably expected to result in the
    withdrawal of any order suspending the effectiveness of such Shelf or file an additional registration statement (a “Subsequent Shelf Registration”) registering the resale of all Registrable Securities including on such Shelf, and pursuant to any
    method or combination of methods legally available to, and requested by, any Holder. If a Subsequent Shelf Registration is filed, the Company shall use its commercially reasonable efforts to (i) cause such Subsequent Shelf Registration to become
    effective under the Securities Act as promptly as is reasonably practicable after the filing thereof and (ii) keep such Subsequent Shelf Registration continuously effective, available for use and in compliance with the provisions of the Securities Act
    until such time as there are no longer any Registrable Securities included thereon. Any such Subsequent Shelf Registration shall be on Form S-3 to the extent that the Company is eligible to use such form. Otherwise, such Subsequent Shelf Registration
    shall be on another appropriate form. In the event that any Holder holds Registrable Securities that are not registered for resale on a delayed or continuous basis, the Company, upon request of a Holder shall promptly use its commercially reasonable
    efforts to cause the resale of such Registrable Securities to be covered by either, at the Company’s option, a Shelf (including by means of a post-effective amendment) or a Subsequent Shelf Registration and cause the same to become effective as soon as
    practicable after such filing and such Shelf or Subsequent Shelf Registration shall be subject to the terms hereof; provided, however, the Company shall only be required to cause such Registrable Securities to be so covered once
    annually after inquiry of the Holders.

   

  
  
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  2.3.3       Shelf Takedown. At any time and from time to time after a Shelf has been declared effective by
      the Commission, the Sponsor may request to sell all or any portion of its Registrable Securities in an underwritten offering that is registered pursuant to the Shelf (each, an “Underwritten Shelf Takedown”); provided that the Company
      shall only be obligated to effect an Underwritten Shelf Takedown if such offering shall include securities with a total offering price (including piggyback securities and before deduction of underwriting discounts) reasonably expected to exceed, in
      the aggregate, $10,000,000. All requests for Underwritten Shelf Takedowns shall be made by giving written notice to the Company at least 48 hours prior to the public announcement of such Underwritten Shelf Takedown, which shall specify the
      approximate number of Registrable Securities proposed to be sold in the Underwritten Shelf Takedown and the expected price range (net of underwriting discounts and commissions) of such Underwritten Shelf Takedown. The Company shall include in any
      Underwritten Shelf Takedown the securities requested to be included by any holder (each a “Takedown Requesting Holder”) at least 24 hours prior to the public announcement of such Underwritten Shelf Takedown pursuant to written contractual
      piggyback registration rights of such holder (including to those set forth herein). The Sponsor shall have the right to select the underwriter(s) for such offering (which shall consist of one or more reputable nationally recognized investment banks),
      subject to the Company’s prior approval which shall not be unreasonably withheld, conditioned or delayed. For purposes of clarity, any Registration effected pursuant to this subsection 2.3.3 shall not be counted as a Registration
    pursuant to a Demand Registration effected under Section 2.1 hereof.

   

  2.3.4       Reduction of Shelf Offering. If the managing Underwriter or Underwriters in an Underwritten Shelf Takedown, in good faith, advises
    the Company, the Sponsor and the Takedown Requesting Holders (if any) in writing that the dollar amount or number of Registrable Securities that the Sponsor and the Takedown Requesting Holders (if any) desire to sell, taken together with all other
    Ordinary Shares or other equity securities that the Company desires to sell, exceeds the Maximum Number of Securities, then the Company shall include in such Underwritten Shelf Takedown, as follows: (i) first, the Registrable Securities of the Sponsor
    that can be sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (i), the Ordinary Shares or other equity securities that the Company
    desires to sell, which can be sold without exceeding the Maximum Number of Securities; and (iii) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (i) and (ii), the Ordinary Shares or other
    equity securities of the Takedown Requesting Holders, if any, that can be sold without exceeding the Maximum Number of Securities, determined Pro Rata based on the respective number of Registrable Securities that each Takedown Requesting Holder has so
    requested to be included in such Underwritten Shelf Takedown.

   

  
  
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  2.3.5       Shelf Registration Withdrawal. The Sponsor and the Takedown Requesting Holders (if any) shall have the right to withdraw from an
    Underwritten Shelf Takedown for any or no reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of its intention to withdraw from such Underwritten Shelf Takedown prior to the public announcement of
    such Underwritten Shelf Takedown. Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with an Underwritten Shelf Takedown prior to a withdrawal under this subsection

      2.3.5.

   

  2.4       Restrictions on Registration Rights. If (A) during the period starting with the date 60 days prior to the Company’s
    good faith estimate of the date of the filing of, and ending on a date 120 days after the effective date of, a Company initiated Registration and provided that the Company has delivered written notice to the Holders prior to receipt of a Demand
    Registration pursuant to subsection 2.1.1 and it continues to actively employ, in good faith, all reasonable efforts to cause the applicable Registration Statement to become effective; (B) the Holders have requested an Underwritten Registration
    and the Company and the Holders are unable to obtain the commitment of underwriters to firmly underwrite the offer; or (C) in the good faith judgment of the Board such Registration would be seriously detrimental to the Company and the Board concludes
    as a result that it is essential to defer the filing of such Registration Statement at such time, then in each case the Company shall furnish to such Holders a certificate signed by the Chairman or the Chief Executive Officer of the Company stating
    that in the good faith judgment of the Board it would be seriously detrimental to the Company for such Registration Statement to be filed in the near future and that it is therefore essential to defer the filing of such Registration Statement. In such
    event, the Company shall have the right to defer such filing for a period of not more than 30 days; provided, however, that the Company shall not defer its obligation in this manner more than once in any 12-month period. Notwithstanding
    anything to the contrary contained in this Agreement, no Registration shall be effected or permitted and no Registration Statement shall become effective, with respect to any Registrable Securities held by any Holder, until after the expiration of the
    Founder Shares Lock-Up Period or the Private Placement Lock-Up Period, as the case may be.

   

  Article III Company Procedures

   

  3.1       General Procedures. If at any time on or after the date the Company consummates a Business Combination the Company is
    required to effect the Registration of Registrable Securities, the Company shall use its best efforts to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended plan of distribution thereof, and
    pursuant thereto the Company shall, as expeditiously as possible:

   

  3.1.1       prepare and file with the Commission as soon as practicable a Registration Statement with respect to such Registrable Securities and use its
    reasonable best efforts to cause such Registration Statement to become effective and remain effective until all Registrable Securities covered by such Registration Statement have been sold;

   

  
  
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  3.1.2       prepare and file with the Commission such amendments and post-effective amendments to the Registration Statement, and such supplements to
    the Prospectus, as may be reasonably requested by the Holders or any Underwriter of Registrable Securities or as may be required by the rules, regulations or instructions applicable to the registration form used by the Company or by the Securities Act
    or rules and regulations thereunder to keep the Registration Statement effective until all Registrable Securities covered by such Registration Statement are sold in accordance with the intended plan of distribution set forth in such Registration
    Statement or supplement to the Prospectus or are no longer outstanding;

   

  3.1.3       prior to filing a Registration Statement or Prospectus, or any amendment or supplement thereto, furnish without charge to the Underwriters,
    if any, and the Holders of Registrable Securities included in such Registration, and such Holders’ legal counsel, copies of such Registration Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case
    including all exhibits thereto and documents incorporated by reference therein), the Prospectus included in such Registration Statement (including each preliminary Prospectus), and such other documents as the Underwriters and the Holders of Registrable
    Securities included in such Registration or the legal counsel for any such Holders may reasonably request in order to facilitate the disposition of the Registrable Securities owned by such Holders; provided, that the Company will not have any
    obligation to provide any document pursuant to this clause that is available on the Commission’s EDGAR system;

   

  3.1.4       prior to any public offering of Registrable Securities, use its best efforts to (i) register or qualify the Registrable Securities covered
    by the Registration Statement under such securities or “blue sky” laws of such jurisdictions in the United States as the Holders of Registrable Securities included in such Registration Statement (in light of their intended plan of distribution) may
    request and (ii) take such action necessary to cause such Registrable Securities covered by the Registration Statement to be registered with or approved by such other governmental authorities as may be necessary by virtue of the business and operations
    of the Company and do any and all other acts and things that may be necessary or advisable to enable the Holders of Registrable Securities included in such Registration Statement to consummate the disposition of such Registrable Securities in such
    jurisdictions; provided, however, that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify or take any action to which it would be subject to
    general service of process or taxation in any such jurisdiction where it is not then otherwise so subject;

   

  3.1.5       cause all such Registrable Securities to be listed on each securities exchange or automated quotation system on which similar securities
    issued by the Company are then listed;

   

  3.1.6       provide a transfer agent or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the effective date
    of such Registration Statement;

   

  3.1.7       advise each seller of such Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of
    any stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening of any proceeding for such purpose and promptly use its reasonable best efforts to prevent the issuance of any stop order or
    to obtain its withdrawal if such stop order should be issued;

   

  
  
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  3.1.8       at least five days prior to the filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration
    Statement or Prospectus (other than by way of a document incorporated by reference ) furnish a copy thereof to each seller of such Registrable Securities or its counsel;

   

  3.1.9       notify the Holders at any time when a Prospectus relating to such Registration Statement is required to be delivered under the Securities
    Act, of the happening of any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes a Misstatement, and then to correct such Misstatement as set forth in Section 3.4 hereof;

   

  3.1.10       permit a representative of the Holders, the Underwriters, if any, and any attorney or accountant retained by such Holders or Underwriter to
    participate, at each such person’s own expense, in the preparation of the Registration Statement, and cause the Company’s officers, directors and employees to supply all information reasonably requested by any such representative, Underwriter, attorney
    or accountant in connection with the Registration; provided, however, that such representatives or Underwriters enter into a confidentiality agreement, in form and substance reasonably satisfactory to the Company, prior to the release
    or disclosure of any such information;

   

  3.1.11       obtain a “cold comfort” letter from the Company’s independent registered public accountants in the event of an Underwritten Registration,
    in customary form and covering such matters of the type customarily covered by “cold comfort” letters as the managing Underwriter may reasonably request, and reasonably satisfactory to a majority-in-interest of the participating Holders;

   

  3.1.12       on the date the Registrable Securities are delivered for sale pursuant to such Registration, obtain an opinion, dated such date, of counsel
    representing the Company for the purposes of such Registration, addressed to the Holders, the placement agent or sales agent, if any, and the Underwriters, if any, covering such legal matters with respect to the Registration in respect of which such
    opinion is being given as the Holders, placement agent, sales agent, or Underwriter may reasonably request and as are customarily included in such opinions and negative assurance letters, and reasonably satisfactory to a majority in interest of the
    participating Holders;

   

  3.1.13       in the event of any Underwritten Offering, enter into and perform its obligations under an underwriting agreement, in usual and customary
    form, with the managing Underwriter of such offering;

   

  3.1.14       make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least 12 months
    beginning with the first day of the Company’s first full calendar quarter after the effective date of the Registration Statement which satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any successor rule
    promulgated thereafter by the Commission);

   

  3.1.15       if the Registration involves the Registration of Registrable Securities involving gross proceeds in excess of [$25,000,000], use its
    reasonable efforts to make available senior executives of the Company to participate in customary “road show” presentations that may be reasonably requested by the Underwriter in any Underwritten Offering; and

   

  
  
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  3.1.16       otherwise, in good faith, cooperate reasonably with, and take such customary actions as may reasonably be requested by the Holders, in
    connection with such Registration.

   

  3.2        Registration Expenses. The Registration Expenses of all Registrations shall be borne by the Company. It is acknowledged by
    the Holders that the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’ commissions and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the
    definition of “Registration Expenses,” all reasonable fees and expenses of any legal counsel representing the Holders.

   

  3.3        Requirements for Participation in Underwritten Offerings. No person may participate in any Underwritten Offering for equity
    securities of the Company pursuant to a Registration initiated by the Company hereunder unless such person (i) agrees to sell such person’s securities on the basis provided in any underwriting arrangements approved by the Company and (ii) completes and
    executes all customary questionnaires, powers of attorney, indemnities, lock-up agreements, underwriting agreements and other customary documents as may be reasonably required under the terms of such underwriting arrangements.

   

  3.4        Suspension of Sales; Adverse Disclosure. Upon receipt of written notice from the Company that a Registration Statement or
    Prospectus contains a Misstatement, each of the Holders shall forthwith discontinue disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that the
    Company hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time of such notice), or until it is advised in writing by the Company that the use of the Prospectus may be resumed. If the filing, initial
    effectiveness or continued use of a Registration Statement in respect of any Registration at any time would require the Company to make an Adverse Disclosure or would require the inclusion in such Registration Statement financial statements that are
    unavailable to the Company for reasons beyond the Company’s control, the Company may, upon giving prompt written notice of such action to the Holders, delay the filing or initial effectiveness of, or suspend use of, such Registration Statement for the
    shortest period of time, but in no event more than 30 days, determined in good faith by the Company to be necessary for such purpose. In the event the Company exercises its rights under the preceding sentence, the Holders agree to suspend, immediately
    upon their receipt of the notice referred to above, their use of the Prospectus relating to any Registration in connection with any sale or offer to sell Registrable Securities. The Company shall immediately notify the Holders of the expiration of any
    period during which it exercised its rights under this Section 3.4.

   

  3.5        Reporting Obligations. As long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a
    reporting company under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or
    15(d) of the Exchange Act and to promptly furnish the Holders with true and complete copies of all such filings. The Company further covenants that it shall take such further action as any Holder may reasonably request, all to the extent required from
    time to time to enable such Holder to sell Ordinary Shares held by such Holder without registration under the Securities Act within the limitation of the exemptions provided by Rule 144 promulgated under the Securities Act (or any successor rule
    promulgated thereafter by the Commission, to the extent that such rule or such successor rule is available to the Company), including providing customary legal opinions. Upon the request of any Holder, the Company shall deliver to such Holder a written
    certification of a duly authorized officer as to whether it has complied with such requirements.

   

  
  
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  Article IV Indemnification and Contribution

   

  4.1       Indemnification.

   

  4.1.1       The Company agrees to indemnify, to the extent permitted by law, each Holder of Registrable Securities, its officers and directors and each
    person who controls such Holder (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and expenses (including reasonable attorneys’ fees) caused by any untrue or alleged untrue statement of material fact contained
    in any Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not
    misleading, except insofar as the same are caused by or contained in any information furnished in writing to the Company by such Holder expressly for use therein. The Company shall indemnify the Underwriters, their officers and directors and each
    person who controls such Underwriters (within the meaning of the Securities Act) to the same extent as provided in the foregoing with respect to the indemnification of the Holder.

   

  4.1.2       In connection with any Registration Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish to the
    Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such Registration Statement or Prospectus and, to the extent permitted by law, shall indemnify the Company, its directors and officers
    and agents and each person who controls the Company (within the meaning of the Securities Act) against any losses, claims, damages, liabilities and out-of-pocket expenses (including without limitation reasonable outside attorneys’ fees) resulting from
    any untrue statement of material fact contained in the Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission of a material fact required to be stated therein or necessary to make the
    statements therein not misleading, but only to the extent that such untrue statement or omission is contained in any information or affidavit so furnished in writing by such Holder expressly for use therein; provided, however, that the
    obligation to indemnify shall be several, not joint and several, among such Holders of Registrable Securities, and the liability of each such Holder of Registrable Securities shall be in proportion to and limited to the net proceeds received by such
    Holder from the sale of Registrable Securities pursuant to such Registration Statement. The Holders of Registrable Securities shall indemnify the Underwriters, their officers, directors and each person who controls such Underwriters (within the meaning
    of the Securities Act) to the same extent as provided in the foregoing with respect to indemnification of the Company.

   

  
  
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  4.1.3       Any person entitled to indemnification herein shall (i) give prompt written notice to the indemnifying party of any claim with respect to
    which it seeks indemnification (provided that the failure to give prompt notice shall not impair any person’s right to indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying party) and (ii) unless in such
    indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist with respect to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably
    satisfactory to the indemnified party. If such defense is assumed, the indemnifying party shall not be subject to any liability for any settlement made by the indemnified party without its consent (but such consent shall not be unreasonably withheld).
    An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim shall not be obligated to pay the fees and expenses of more than one counsel for all parties indemnified by such indemnifying party with respect to such
    claim, unless in the reasonable judgment of any indemnified party a conflict of interest may exist between such indemnified party and any other of such indemnified parties with respect to such claim. No indemnifying party shall, without the consent of
    the indemnified party, consent to the entry of any judgment or enter into any settlement which cannot be settled in all respects by the payment of money (and such money is so paid by the indemnifying party pursuant to the terms of such settlement) or
    which settlement does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation.

   

  4.1.4       The indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by or on
    behalf of the indemnified party or any officer, director or controlling person of such indemnified party and shall survive the transfer of securities. The Company and each Holder of Registrable Securities participating in an offering also agrees to
    make such provisions as are reasonably requested by any indemnified party for contribution to such party in the event the Company’s or such Holder’s indemnification is unavailable for any reason.

   

  4.1.5       If the indemnification provided under Section 4.1 hereof from the indemnifying party is unavailable or insufficient to hold harmless
    an indemnified party in respect of any losses, claims, damages, liabilities and out-of-pocket expenses referred to herein, then the indemnifying party, in lieu of indemnifying the indemnified party, shall contribute to the amount paid or payable by the
    indemnified party as a result of such losses, claims, damages, liabilities and out-of-pocket expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party and the indemnified party, as well as any other relevant
    equitable considerations. The relative fault of the indemnifying party and indemnified party shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged untrue statement of a material fact or
    omission or alleged omission to state a material fact, was made by, or relates to information supplied by, such indemnifying party or indemnified party, and the indemnifying party’s and indemnified party’s relative intent, knowledge, access to
    information and opportunity to correct or prevent such action; provided, however, that the liability of any Holder under this subsection 4.1.5 shall be limited to the amount of the net proceeds received by such Holder in such
    offering giving rise to such liability. The amount paid or payable by a party as a result of the losses or other liabilities referred to above shall be deemed to include, subject to the limitations set forth in subsections 4.1.1, 4.1.2
    and 4.1.3 above, any legal or other fees, charges or out-of-pocket expenses reasonably incurred by such party in connection with any investigation or proceeding. The parties hereto agree that it would not be just and equitable if contribution
    pursuant to this subsection 4.1.5 were determined by pro rata allocation or by any other method of allocation, which does not take account of the equitable considerations referred to in this subsection 4.1.5. No person guilty of
    fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution pursuant to this subsection 4.1.5 from any person who was not guilty of such fraudulent misrepresentation.

   

  
  
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  Article V Miscellaneous

   

  5.1         Notices. Any notice or communication under this Agreement must be in writing and given by (i) deposit in the United States
    mail, addressed to the party to be notified, postage prepaid and registered or certified with return receipt requested, (ii) delivery in person or by courier service providing evidence of delivery, or (iii) transmission by hand delivery, electronic
    mail, telecopy, telegram or facsimile. Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently given, served, sent, and received, in the case of mailed notices, on the third
    business day following the date on which it is mailed and, in the case of notices delivered by courier service, hand delivery, electronic mail, telecopy, telegram or facsimile, at such time as it is delivered to the addressee (with the delivery receipt
    or the affidavit of messenger) or at such time as delivery is refused by the addressee upon presentation. Any notice or communication under this Agreement must be addressed, if to the Company, to: 2 Wisconsin Circle, 7th Floor, Chevy Chase, MD 20815,
    Attention: Stuart Karle, Marcus Brauchli, with copy to; Sidley Austin LLP, 787 Seventh Avenue, New York, New York 10019, Attention: Samir A. Gandhi, Jon W. Daly and Kenny S. Terrero; and, if to any Holder, at such Holder’s address or facsimile number
    as set forth in the Company’s books and records. Any party may change its address for notice at any time and from time to time by written notice to the other parties hereto, and such change of address shall become effective 30 days after delivery of
    such notice as provided in this Section 5.1.

   

  5.2         Assignment; No Third Party Beneficiaries.

   

  5.2.1       This Agreement and the rights, duties and obligations of the Company hereunder may not be assigned or delegated by the Company in whole or
    in part.

   

  5.2.2       Prior to the expiration of the Founder Shares Lock-Up Period or the Private Placement Lock-Up Period, as the case may be, no Holder may
    assign or delegate such Holder’s rights, duties or obligations under this Agreement, in whole or in part, except in connection with a transfer of Registrable Securities by such Holder to a Permitted Transferee.

   

  5.2.3       This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors and
    the permitted assigns of the Holders, which shall include Permitted Transferees.

   

  5.2.4       This Agreement shall not confer any rights or benefits on any persons that are not parties hereto, other than as expressly set forth in this
    Agreement, including Sections 4.1 and 5.2 hereof.

   

  
  
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  5.2.5       No assignment by any party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or obligate the Company
    unless and until the Company shall have received (i) written notice of such assignment as provided in Section 5.1 hereof and (ii) the written agreement of the assignee, in a form reasonably satisfactory to the Company, to be bound by the terms
    and provisions of this Agreement (which may be accomplished by an addendum or certificate of joinder to this Agreement). Any transfer or assignment made other than as provided in this Section 5.2 shall be null and void.

   

  5.3         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 that is valid and enforceable.

   

  5.4         Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original,
    but all such counterparts shall together constitute one and the same instrument. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. In the event that any
    signature is delivered by facsimile transmission or any other form of electronic delivery, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect
    as if such signature page were an original thereof. The words “execution,” “signed,” “signature,” and words of like import in this Agreement or in any other certificate, agreement or document related to this Agreement shall include images of manually
    executed signatures transmitted by facsimile or other electronic format (including, without limitation, “pdf”, “tif” or “jpg”) and other electronic signatures (including, without limitation, DocuSign and AdobeSign). The use of electronic signatures and
    electronic records (including, without limitation, any contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed
    signature or use of a paper-based record-keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act and any
    other applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions Act or the Uniform Commercial Code.

   

  5.5       

   

  5.6         Entire Agreement. This Agreement (including all agreements entered into pursuant hereto and all certificates and instruments
    delivered pursuant hereto and thereto) constitute the entire agreement of the parties with respect to the subject matter hereof and supersede all prior and contemporaneous agreements, representations, understandings, negotiations and discussions
    between the parties, whether oral or written.

   

  5.7         Governing Law; Venue. NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE
    PARTIES EXPRESSLY AGREE THAT THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK AS APPLIED TO AGREEMENTS AMONG NEW YORK RESIDENTS ENTERED INTO AND TO BE PERFORMED ENTIRELY WITHIN NEW YORK, WITHOUT REGARD TO THE
    CONFLICT OF LAW PROVISIONS OF SUCH JURISDICTION.

   

  
  
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  5.8         Waiver of Trial by Jury. Each party hereby irrevocably and unconditionally waives the right to a trial by jury in any
    action, suit, counterclaim or other proceeding (whether based on contract, tort or otherwise) arising out of, connected with or relating to this Agreement, the transactions contemplated hereby, or the actions of the Sponsor in the negotiation,
    administration, performance or enforcement hereof.

   

  5.9         Amendments and Modifications. Upon the written consent of the Company and the Holders of at least a majority in
    interest of the Registrable Securities at the time in question, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived, or any of such provisions, covenants or conditions may be amended or modified; provided,
    however, that notwithstanding the foregoing, any amendment hereto or waiver hereof that adversely affects one Holder, solely in its capacity as a holder of the shares of the Company, in a manner that is materially different from the other
    Holders (in such capacity) shall require the consent of the Holder so affected. No course of dealing between any Holder or the Company and any other party hereto or any failure or delay on the part of a Holder or the Company in exercising any rights or
    remedies under this Agreement shall operate as a waiver of any rights or remedies of any Holder or the Company. No single or partial exercise of any rights or remedies under this Agreement by a party shall operate as a waiver or preclude the exercise
    of any other rights or remedies hereunder or thereunder by such party.

   

  5.10         Titles and Headings. Titles and headings of sections of this Agreement are for convenience only and shall not affect the
    construction of any provision of this Agreement.

   

  5.11         Waivers and Extensions. Any party to this Agreement may waive any right, breach or default which such party has the right
    to waive, provided that such waiver will not be effective against the waiving party unless it is in writing, is signed by such party, and specifically refers to this Agreement. Waivers may be made in advance or after the right waived has arisen or the
    breach or default waived has occurred. Any waiver may be conditional. No waiver of any breach of any agreement or provision herein contained shall be deemed a waiver of any preceding or succeeding breach thereof nor of any other agreement or provision
    herein contained. No waiver or extension of time for performance of any obligations or acts shall be deemed a waiver or extension of the time for performance of any other obligations or acts.

   

  5.12         Remedies Cumulative. In the event that the Company fails to observe or perform any covenant or agreement to be observed or
    performed under this Agreement, the Holders may proceed to protect and enforce its rights by suit in equity or action at law, whether for specific performance of any term contained in this Agreement or for an injunction against the breach of any such
    term or in aid of the exercise of any power granted in this Agreement or to enforce any other legal or equitable right, or to take any one or more of such actions, without being required to post a bond. None of the rights, powers or remedies conferred
    under this Agreement shall be mutually exclusive, and each such right, power or remedy shall be cumulative and in addition to any other right, power or remedy, whether conferred by this Agreement or now or hereafter available at law, in equity, by
    statute or otherwise.

   

  
  
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  5.13         Other Registration Rights. The Company represents and warrants that no person, other than a Holder of Registrable
    Securities, has any right to require the Company to register any securities of the Company for sale or to include such securities of the Company in any Registration filed by the Company for the sale of securities for its own account or for the account
    of any other person. Further, the Company represents and warrants that this Agreement supersedes any other registration rights agreement or agreement with similar terms and conditions and in the event of a conflict between any such agreement or
    agreements and this Agreement, the terms of this Agreement shall prevail.

   

  5.14         Term. This Agreement shall terminate (a) in its entirety upon the earlier of (i) the tenth anniversary of the date of this
    Agreement and (ii) the date as of which no Registrable Securities remain outstanding and (b) in part with respect to any Holder upon such Holder ceasing to hold Registrable Securities. The provisions of Section 3.5 and Article IV shall
    survive any such termination.

   

  5.15         Holder Information. Each Holder agrees, if requested in writing, to represent to the Company the total number of
    Registrable Securities held by such Holder in order for the Company to make determinations hereunder.

   

  (Signature Page Follows)

   

  
  
    	 	21	 

  

  
     

  

  
   

  IN WITNESS WHEREOF, the undersigned have caused this Agreement to be executed as of the date first written above.

   

  	 	Company:
	 	 
	 	BLUE OCEAN ACQUISITION CORP
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	Holders:
	 	 
	 	BLUE OCEAN SPONSOR LLC
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	APOLLO SPAC FUND I, L.P.
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

   

  Signature Page to Registration Rights AgreementExhibit 10.6

   

  PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT

   

  THIS PRIVATE PLACEMENT
    WARRANTS PURCHASE AGREEMENT (as it may from time to time be amended and including all exhibits referenced herein, this “Agreement”),
    dated as of [-], 2021, is entered into by and between Blue Ocean Acquisition Corp, a Cayman Islands exempted company (the “Company”),
    and Blue Ocean Sponsor LLC, a Cayman Islands limited liability company (the “Purchaser”).

   

  WHEREAS, the Company intends
    to consummate an initial public offering of the Company’s units (the “Public Offering”), each unit consisting
    of one Class A ordinary share of the Company, par value $0.0001 per share (each, a “Share”), and one-half of
    one redeemable warrant, each whole warrant entitling the holder to purchase one Share at an exercise price of $11.50 per Share,
    as set forth in the Company’s Registration Statement on Form S-1, filed with the U.S. Securities and Exchange Commission
    (the “SEC”), File Number 333-260889, under the Securities Act of 1933, as amended (the “Securities
      Act”).

   

  WHEREAS, the Purchaser
    has agreed to purchase an aggregate of 7,650,000 warrants (and up to 900,000 additional warrants if the underwriter in the Public
    Offering exercises its option to purchase additional units in full) (the “Private Placement Warrants”), each
    Private Placement Warrant entitling the holder to purchase one Share at an exercise price of $11.50 per Share, at a price of $1.00
    per warrant.

   

  NOW THEREFORE, in consideration
    of the mutual promises contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which
    are hereby acknowledged, the parties to this Agreement hereby, intending legally to be bound, agree as follows:

   

  AGREEMENT

   

  Section 1.            Authorization,
        Purchase and Sale; Terms of the Private Placement Warrants.

   

  A.           Authorization
      of the Private Placement Warrants. The Company has duly authorized the issuance and sale of the Private Placement Warrants
    to the Purchaser.

   

  B.            Purchase
      and Sale of the Private Placement Warrants.

   

  (i)       On
    the date of the consummation of the Public Offering (the “IPO Closing Date”), the Company shall issue and sell
    to the Purchaser, and the Purchaser shall purchase from the Company, 7,650,000 Private Placement Warrants at a price of $1.00 per
    warrant for an aggregate purchase price of $7,650,000 (the “Purchase Price”). The Purchaser shall pay the Purchase
    Price by wire transfer of immediately available funds, to accounts designated by the Company, including to the trust account (the
    “Trust Account”), at a financial institution to be chosen by the Company, maintained by Continental Stock Transfer
    & Trust Company, acting as trustee, in accordance with the Company’s wiring instructions, at least one business day prior
    to the IPO Closing Date. On the IPO Closing Date, subject to the receipt of funds pursuant to the immediately prior sentence, the
    Company, at its option, shall deliver a certificate evidencing the Private Placement Warrants purchased on such date duly registered
    in the Purchaser’s name to the Purchaser or effect such delivery in book-entry form.

   

  
  
     

  

  
     

  

  
   

  (ii)       On
    the date of the closing of the option to purchase additional units, if any, in connection with the Public Offering or on such earlier
    time and date as may be mutually agreed by the Purchaser and the Company (the “Option Closing Date”, and each
    Option Closing Date (if any) and the IPO Closing Date, a “Closing Date”), the Company shall issue and sell to
    the Purchaser, and the Purchaser shall purchase from the Company, up to 900,000 Private Placement Warrants (or, to the extent the
    option to purchase additional units is not exercised in full, a lesser number of Private Placement Warrants in proportion to portion
    of the option that is exercised) at a price of $1.00 per warrant for an aggregate purchase price of up to $900,000 (the “Option
      Purchase Price”). The Purchaser shall pay the Option Purchase Price in accordance with the Company’s wire instruction
    by wire transfer of immediately available funds to the Trust Account, at least one business day prior to the Option Closing Date.
    On the Option Closing Date, subject to the receipt of funds pursuant to the immediately prior sentence, the Company shall, at its
    option, deliver a certificate evidencing the Private Placement Warrants purchased on such date duly registered in the Purchaser’s
    name to the Purchaser or effect such delivery in book-entry form.

   

  C.           Terms
      of the Private Placement Warrants.

   

  (i)       Each
    Private Placement Warrant shall have the terms set forth in a Warrant Agreement to be entered into by the Company and a warrant
    agent on the IPO Closing Date in connection with the Public Offering (the “Warrant Agreement”) and shall be
    subject to the terms of a letter agreement to be entered into on the IPO Closing Date in connection with the Public Offering by
    the Company, the Purchaser and the other parties thereto (the “Insider Agreement”).

   

  (ii)       On
    the IPO Closing Date, the Company and the Purchaser shall enter into a registration rights agreement (the “Registration
      Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating to
    the Private Placement Warrants and the Shares underlying the Private Placement Warrants.

   

  Section 2.           Representations
        and Warranties of the Company. As a material inducement to the Purchaser to enter into this Agreement and purchase the
    Private Placement Warrants, the Company hereby represents and warrants to the Purchaser (which representations and warranties shall
    survive each Closing Date) that:

   

  A.       Incorporation
      and Corporate Power. The Company is an exempted company duly incorporated, validly existing and in good standing under the
    laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably
    be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company
    possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and
    the Warrant Agreement.

   

  
  
    	 	2	 

  

  
     

  

  
   

  B.       Authorization;
      No Breach.

   

  (i)       The
    execution, delivery and performance of this Agreement and the Private Placement Warrants have been duly authorized by the Company
    as of the Closing Date. This Agreement constitutes the valid and binding obligation of the Company, enforceable in accordance with
    its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability
    relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity
    or law). Upon issuance in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement, the
    Private Placement Warrants will constitute valid and binding obligations of the Company, enforceable in accordance with their terms
    as of the Closing Date.

   

  (ii)       The
    execution and delivery by the Company of this Agreement and the Private Placement Warrants, the issuance and sale of the Private
    Placement Warrants, the issuance of the Shares upon exercise of the Private Placement Warrants and the fulfillment of and compliance
    with the respective terms hereof and thereof by the Company, do not and will not as of the Closing Date (a) conflict with or result
    in a breach of the terms, conditions or provisions of, (b) constitute a default under, (c) result in the creation of any lien,
    security interest, charge or encumbrance upon the Company’s share capital or assets under, (d) result in a violation of,
    or (e) require any authorization, consent, approval, exemption or other action by or notice or declaration to, or filing with,
    any court or administrative or governmental body or agency pursuant to the memorandum and articles of association of the Company
    (in effect on the date hereof or as may be amended prior to completion of the Public Offering) or any material law, statute, rule
    or regulation to which the Company is subject, or any agreement, order, judgment or decree to which the Company is subject, except
    for any filings required after the date hereof under federal or state securities laws.

   

  C.       Title
      to Securities. Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement, and upon
    registration in the Company’s register of members, the Shares issuable upon exercise of the Private Placement Warrants will
    be duly and validly issued, fully paid and nonassessable. On the date of issuance of the Private Placement Warrants, the Shares
    issuable upon exercise of the Private Placement Warrants shall have been reserved for issuance. Upon issuance in accordance with,
    and payment pursuant to, the terms hereof and the Warrant Agreement, and upon registration in the Company’s register of members,
    the Purchaser will have good title to the Private Placement Warrants purchased by it and the Shares issuable upon exercise of such
    Private Placement Warrants, free and clear of all liens, claims and encumbrances of any kind, other than (i) transfer restrictions
    hereunder and under the other agreements contemplated hereby, including the Insider Agreement, (ii) transfer restrictions under
    federal and state securities laws, and (iii) liens, claims or encumbrances imposed due to the actions of the Purchaser.

   

  D.       Governmental
      Consents. No permit, consent, approval or authorization of, or declaration to or filing with, any governmental authority is
    required in connection with the execution, delivery and performance by the Company of this Agreement or the consummation by the
    Company of any other transactions contemplated hereby.

   

  
  
    	 	3	 

  

  
     

  

  
   

  E.            Regulation
      D Qualification. Neither the Company nor, to its actual knowledge, any of its affiliates, members, officers, directors or beneficial
    shareholders of 20% or more of its outstanding securities, has experienced a disqualifying event as enumerated pursuant to Rule
    506 (d) of Regulation D under the Securities Act.

   

  Section 3.           Representations
        and Warranties of the Purchaser. As a material inducement to the Company to enter into this Agreement and issue and sell
    the Private Placement Warrants to the Purchaser, the Purchaser hereby represents and warrants to the Company (which representations
    and warranties shall survive each Closing Date) that:

   

  A.           Organization
      and Requisite Authority. The Purchaser possesses all requisite power and authority necessary to carry out the transactions
    contemplated by this Agreement.

   

  B.           Authorization;
      No Breach.

   

  (i)       This
    Agreement constitutes a valid and binding obligation of the Purchaser, enforceable in accordance with its terms, subject to bankruptcy,
    insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting
    creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).

   

  (ii)       The
    execution and delivery by the Purchaser of this Agreement and the fulfillment of and compliance with the terms hereof by the Purchaser
    does not and shall not as of each Closing Date (a) conflict with or result in a breach by the Purchaser of the terms, conditions
    or provisions of, (b) constitute a default under, (c) result in the creation of any lien, security interest, charge or encumbrance
    upon the Purchaser’s equity or assets under, (d) result in a violation of, or (e) require authorization, consent, approval,
    exemption or other action by or notice or declaration to, or filing with, any court or administrative or governmental body or agency
    pursuant to the Purchaser’s organizational documents in effect on the date hereof or as may be amended prior to completion
    of the contemplated Public Offering, or any material law, statute, rule or regulation to which the Purchaser is subject, or any
    agreement, instrument, order, judgment or decree to which the Purchaser is subject, except for any filings required after the date
    hereof under federal or state securities laws.

   

  C.           Investment
      Representations.

   

  (i)       The
    Purchaser is acquiring the Private Placement Warrants and, upon exercise of the Private Placement Warrants, the Shares issuable
    upon such exercise (collectively, the “Securities”) for its own account, for investment purposes only and not
    with a view towards, or for resale in connection with, any public sale or distribution thereof.

   

  (ii)       The
    Purchaser is an “accredited investor” as such term is defined in Rule 501(a)(3) of Regulation D under the Securities
    Act, and the Purchaser has not experienced a disqualifying event as enumerated pursuant to Rule 506(d) of Regulation D under the
    Securities Act.

   

  
  
    	 	4	 

  

  
     

  

  
   

  (iii)       The
    Purchaser understands that the Securities are being offered and will be sold to it in reliance on specific exemptions from the
    registration requirements of the United States federal and state securities laws and that the Company is relying upon the truth
    and accuracy of, and the Purchaser’s compliance with, the representations and warranties of the Purchaser set forth herein
    in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire such Securities.

   

  (iv)       The
    Purchaser did not decide to enter into this Agreement as a result of any general solicitation or general advertising within the
    meaning of Rule 502(c) of Regulation D under the Securities Act.

   

  (v)       The
    Purchaser has been furnished with all materials relating to the business, finances and operations of the Company and materials
    relating to the offer and sale of the Securities which have been requested by the Purchaser. The Purchaser has been afforded the
    opportunity to ask questions of the executive officers and directors of the Company. The Purchaser understands that its investment
    in the Securities involves a high degree of risk and it has sought such accounting, legal and tax advice as it has considered necessary
    to make an informed investment decision with respect to the acquisition of the Securities.

   

  (vi)       The
    Purchaser understands that no United States federal or state agency or any other government or governmental agency has passed on
    or made any recommendation or endorsement of the Securities or the fairness or suitability of the investment in the Securities
    by the Purchaser nor have such authorities passed upon or endorsed the merits of the offering of the Securities.

   

  (vii)       The
    Purchaser understands that: (a) the Securities have not been and are not being registered under the Securities Act or any state
    securities laws, and may not be offered for sale, sold, assigned or transferred unless (1) subsequently registered thereunder or
    (2) sold in reliance on an exemption therefrom; and (b) except as specifically set forth in the Registration Rights Agreement,
    neither the Company nor any other person is under any obligation to register the Securities under the Securities Act or any state
    securities laws or to comply with the terms and conditions of any exemption thereunder. In this regard, the Purchaser understands
    that the SEC has taken the position that promoters or affiliates of a blank check company and their transferees, both before and
    after an initial business combination, are deemed to be “underwriters” under the Securities Act when reselling
    the securities of a blank check company. Based on that position, Rule 144 adopted pursuant to the Securities Act would not be available
    for resale transactions of the Securities despite technical compliance with the requirements of such Rule, and the Securities can
    be resold only through a registered offering or in reliance upon another exemption from the registration requirements of the Securities
    Act.

   

  (viii)       The
    Purchaser has such knowledge and experience in financial and business matters, knowledge of the high degree of risk associated
    with investments in the securities of companies in the development stage such as the Company, is capable of evaluating the merits
    and risks of an investment in the Securities and is able to bear the economic risk of an investment in the Securities in the amount
    contemplated hereunder for an indefinite period of time. The Purchaser has adequate means of providing for its current financial
    needs and contingencies and will have no current or anticipated future needs for liquidity which would be jeopardized by the investment
    in the Securities. The Purchaser can afford a complete loss of its investments in the Securities.

   

  
  
    	 	5	 

  

  
     

  

  
   

  (ix)       The
    Purchaser understands that the Private Placement Warrants shall bear the legend substantially in the form set forth in the Warrant
    Agreement.

   

  Section 4.           Conditions
        of the Purchaser’s Obligations. The obligations of the Purchaser to purchase and pay for the Private Placement Warrants
    are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

   

  A.           Representations
      and Warranties. The representations and warranties of the Company contained in Section 2 shall be true and correct at and as
    of the Closing Date as though then made.

   

  B.           Performance.
    The Company shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that
    are required to be performed or complied with by it on or before such Closing Date.

   

  C.           No
      Injunction. No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted,
    entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory
    organization having authority over the matters contemplated hereby, which prohibits the consummation of any of the transactions
    contemplated by this Agreement or the Warrant Agreement.

   

  D.           Warrant
      Agreement and Registration Rights Agreement. The Company shall have entered into the Warrant Agreement, in the form of Exhibit
    A hereto, and the Registration Rights Agreement, in the form of Exhibit B hereto, in each case on terms satisfactory to the Purchaser.

   

  Section 5.           Conditions
        of the Company’s Obligations. The obligations of the Company to the Purchaser under this Agreement are subject to
    the fulfillment, on or before each Closing Date, of each of the following conditions:

   

  A.           Representations
      and Warranties. The representations and warranties of the Purchaser contained in Section 3 shall be true and correct at and
    as of such Closing Date as though then made.

   

  B.           Performance.
    The Purchaser shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that
    are required to be performed or complied with by the Purchaser on or before such Closing Date.

   

  C.           Corporate
      Consents. The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance
    of this Agreement and the Warrant Agreement and the issuance and sale of the Private Placement Warrants hereunder.

   

  
  
    	 	6	 

  

  
     

  

  
   

  D.           No
      Injunction. No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted,
    entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory
    organization having authority over the matters contemplated hereby, which prohibits the consummation of any of the transactions
    contemplated by this Agreement or the Warrant Agreement.

   

  E.            Warrant
      Agreement. The Company shall have entered into the Warrant Agreement.

   

  Section 6.            Miscellaneous.

   

  A.           Successors
      and Assigns. Except as otherwise expressly provided herein, all covenants and agreements contained in this Agreement by or
    on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors of the parties hereto whether
    so expressed or not. Notwithstanding the foregoing or anything to the contrary herein, the parties may not assign this Agreement,
    other than assignments by the Purchaser to affiliates thereof (including, without limitation one or more of its members).

   

  B.            Severability.
    Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable
    law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be
    ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of this Agreement.

   

  C.           Counterparts.
    This Agreement may be executed simultaneously in two or more counterparts, none of which need contain the signatures of more than
    one party, but all such counterparts taken together shall constitute one and the same agreement. Signatures to this Agreement transmitted
    via facsimile or e-mail shall be valid and effective to bind the party so signing. Only one such counterpart signed by the party
    against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. In the event that any signature
    is delivered by facsimile transmission or any other form of electronic delivery, such signature shall create a valid and binding
    obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such signature
    page were an original thereof. The words “execution,” “signed,” “signature,” and words of like
    import in this Agreement or in any other certificate, agreement or document related to this Agreement shall include images of manually
    executed signatures transmitted by facsimile or other electronic format (including, without limitation, “pdf”, “tif”
    or “jpg”) and other electronic signatures (including, without limitation, DocuSign and AdobeSign). The use of electronic
    signatures and electronic records (including, without limitation, any contract or other record created, generated, sent, communicated,
    received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed
    signature or use of a paper-based record-keeping system to the fullest extent permitted by applicable law, including the Federal
    Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act and any other
    applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions Act or the Uniform Commercial
    Code.

   

  
  
    	 	7	 

  

  
     

  

  
   

  D.           Descriptive
      Headings; Interpretation. The descriptive headings of this Agreement are inserted for convenience only and do not constitute
    a substantive part of this Agreement. The use of the word “including” in this Agreement shall be by way of example
    rather than by limitation.

   

  E.            Governing
      Law. This Agreement shall be deemed to be a contract made under the laws of the State of New York and for all purposes shall
    be construed in accordance with the internal laws of the State of New York, without giving effect to conflicts of law principles
    that would result in the application of the laws of another jurisdiction.

   

  F.            Amendments.
    This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by
    the parties hereto.

   

  (Signature page follows)

   

  
  
    	 	8	 

  

  
     

  

  
   

  IN WITNESS WHEREOF, the parties hereto have
    executed this Agreement.

   

  	 	Company:
	 	 
	 	BLUE OCEAN ACQUISITION CORP
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	PURCHASER:
	 	 
	 	BLUE OCEAN SPONSOR LLC
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

   

  Signature Page to Private Placement Warrants
      Purchase Agreement

   

  
  
     

  

  
     

  

  
   

  EXHIBIT A

   

  Warrant Agreement

   

  
  
     

  

  
     

  

  
   

  EXHIBIT B

   

  Registration Rights Agreement

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