In a surprising turn of events, Romero Games has officially denied rumors of its closure, despite facing significant funding challenges. The studio, known for its ambitious unannounced first-person shooter project, recently lost its publishing agreement with Microsoft, leading to speculation about its future. However, the team has reassured fans and stakeholders that they are actively exploring new partnerships with several interested publishers. The situation has understandably left many employees in shock, with reports of potential layoffs circulating.