Online multiplayer game Transformers: Reactivate has been deactivated.

Revealed today, the game has been canceled by Splash Damage. The decision was made to focus on other projects currently in development. A full statement from the studio reads:

Today, we have some very difficult news to share, the decision has been made to end development of Transformers: Reactivate.
This means we will be scaling down to refocus our efforts on other projects. Unfortunately, despite every effort, a number of roles across the studio are now potentially at risk of redundancy.
This decision did not come lightly, and it is a difficult time for the studio and our people. We want to take a moment to thank the team who worked on Transformers for their dedication and passion.
Hasbro was an incredible and supportive partner throughout, and we hope to work with them again. To the many fans, your excitement and support helped keep us going.
While not being able to see the game through to release is painful, having to say goodbye to friends and colleagues hurts even more. We’re now focused on doing everything we can to support them through this tough period, just as we are committed to caring for those who will stay with us as we build a stronger Splash Damage for the future.
Thank you for your compassion and understanding.
—Splash Damage

Transformers: Reactivate was announced at The Game Awards back in 2022. It was slated for release on consoles and PC.