80/20% Patent Countdown Clock Ticking – T – Minus 9 Days PCCT – T Minus 9 Trade Days to Fiscal Quarter results. What will be the material impact of no deal? No FB deal? No Patent deal? Yet another delay to a deal? They picked the Wed and not the Friday... The quarter should be its strongest financially, if the deal fell through – the escrow amounts of the patents would/could be due as discussed. (paid in the ¼? ). The anomaly of January 2021 was quite remarkable – SURGE was an understatement – YET with non of the elements below answered specifically to the market or its shareholders in nearly 1 year. 1. Now
over 12 months since
IAM first broke the story of a potential sale of BlackBerry’s patent portfolio and FB settled - the deal to get it done may now have entered the endgame…
Sept 23, 2021 2. BlackBerry patent sale price agreed, deal 80% certain this quarter, says company's CEO A
frustrated John Chen has confirmed a sale price for the BlackBerry patents has been agreed but that the deal’s complexity is delaying its completion
01 April 2021 3. BlackBerry CEO: Majority of cash for patent portfolio expected in upfront payment After
IAM broke news of possible sale last year Canadian tech giant has confirmed it is in
exclusive negotiations with a
“North American” bidder for a part of its 38,000 asset stockpile
18 January 2021 4. BlackBerry shares surge on Facebook patent settlement despite absence of detail Canadian company enjoys a
stock price spike after long-running dispute comes to an end, but
information about the terms of the agreement is almost non-existent 20 November 2020 5. In Blackberry patent sale, Canada sees loss of prestige not value creation opportunity Possible deal comes during a period of concern in the country over loss of tech crown jewels, engineering talent and the bleeding of IP assets