nope The new studio is working on an unnaounced title and it will likely be another retro-style game according to a statement by the team. "It's no secret that Might and Delight loves retro," the studio's website reads. "We adore the delicate simplicity found in many old games. Our goal is to create experiences that looks to that simplicity while providing something fresh and accessible!
After Bionic Commando Rearmed was released, members of the team were moved to different teams within GRIN or left the studio. GRIN shut down in 2009.