Is there a solution for the inevitable dilution?

$BlackBerry (BB.US)$ has, at least in the eyes of investors, found itself in troubled waters as of late. Do they have a solution for the possible dilution that their newest offering will create? The cause for pause is what they plan on doing with the advance. I mean, clearing up debt is wonderful, but if there isn't anything to really look forward to in the 2029 pipeline, then why on God's green earth would investors not be concerned that their shares will simply be diluted at the end of the warrant.

Supposedly, there is over $2.5 billion in the bank, but accompanying that positive bankroll is a liability sheet equating to half of that. It doesn't feel very promising. Clearly, money management is a concern. If what the numbers show to be accurate is, in fact, accurate, then why is there even a need for this offering in the first place? Why isn't the excess net worth being used to pay said debt? What's in store for the future of BB? Is this 52wk low a buy opportunity or a sign of things to come? Personally, I see new lows. And why wouldn't we? 📉