BlackBerry issued a press release on June 1 providing an update on the $600M sale of “substantially all of its non-core patent assets” to Catapult IP Innovations Inc., a Delaware entity reportedly tied to patent monetization professional York Eggleston. According to BlackBerry, the company is no longer under exclusivity with Catapult IP—which appears to have missed the deadline by which it was to secure the required financing commitments—and “given the length of time that the transaction has taken, BlackBerry is exploring alternative options in parallel”.