<ul data-eligibleForWebStory="false">Romero Games clarified it is not closed, despite the cancellation of its project funding after major layoffs at Microsoft.The studio is evaluating opportunities from various publishers to revive the cancelled game.Rumors of the entire studio's closure were refuted, with the team actively discussing next steps.The identity of the funding withholder remains confidential, while efforts to secure funding to complete the game are ongoing.