This should work and is more concise read than de-bricking jumbo-sized-post:
https://www.mobileread.com/forums/sh...d.php?t=272132
You should of course use appropriate older firware for PW3 (and one that can be jailbreak-ed).
Before stating the downgrade procedure you should consult @knc1 regarding the implication (if there are any) of updated U-Boot (IIRC the first 5.9.x update for PW3 had u-boot file inside update bin).