BlackBerry Ltd (BBRY) (BB) extended the deadline of the previously announced investor option to purchase its convertible debentures until January 13. The extension allows the company to update its financial information for prospective investors.
BlackBerry Ltd ( BBRY) ( BB), the struggling Canadian smartphone manufacturer, announced the extension of an investor option to purchase as much as $250 million worth of convertible debenture until January 13, 2014. According to the company, it has been in quiet period since the initial closing, and the extension will allow it to update its financial information to potential investors after the third quarter results, which will be released on December 20. Also see: BlackBerry Ltd BBRY Rises From The Ashes Of Research In Motion?