In a surprising turn of events, Romero Games has publicly denied rumors of its closure, despite facing significant funding challenges for its unannounced first-person shooter project. The studio, co-founded by industry veterans John and Brenda Romero, confirmed last week that it lost financial backing from a publisher, later identified as Microsoft, which has recently undergone sweeping layoffs affecting thousands of employees. Romero Games emphasized that it is actively exploring new partnerships with several interested publishers to revive its project.