It has been a long while since xXx: The Return of Xander Cage hit the big screens, and fans have been waiting on a fourth installment for the long-running film series. A new report suggests that the sequel is still in early development at a new studio.

According to a report by Deadline, The H Collective recently launched a new company called H3 Entertainment. In an announcement that sounds disastrous for anyone not an out-of-touch shareholder, the new outfit plans to integrate Metaverse, Web3, and AI into a lineup of films. H3 is reportedly working on a sequel to Brightburn while xXx 4 is also in development at the studio.

A short note at the end of the article reads, "The company's slate has also included a fourth installment in the xXx franchise but there's no update on progress on that project." This confirms that xXx 4 is still in the works but has not yet made it past the early development stage. Fans may have to wait a long while before the release of the sequel.

Film producer Joe Roth said in a 2017 interview with Variety that The H Collective is providing funding for the sequel. "In today's Hollywood, it requires strong partners to produce and finance such big-budget movies as the xXx series, and The H Collective is a welcome and exciting new company that we look forward to working with."

xXx 4 will be the third film in the franchise to cast Vin Diesel in the lead role. Diesel starred as secret agent Xander Cage in the 2002 original while the second movie introduced actor Ice Cube as Darius Stone. Diesel made a comeback in 2017's xXx: Return of Xander Cage with Ice Cube's Stone making a brief cameo.

After wrapping up production for Fast and Furious 9, Diesel teased fans about returning to the xXx film series. The actor also teased other upcoming projects that he will be working on - all of which seem to be sequels and no new IPs.

"After the longest filming shoot of my career with Fast 9...A film I am so immensely proud of," Diesel wrote on Instagram. "Before entering the next character and film project...so much to be excited about...Fast continuation, Xander Cage, Riddick...Groot. Not to mention the possibilities of Witch Hunter and the follow-up to Bloodshot. Before all the press that coincides with the release of the various pictures next year. I must take a minute to center."

xXx 4 director D.J. Caruso previously revealed that various major cast members of the series will be returning for the fourth film. The upcoming movie will also be adding Jay Chou and Zoe Zhang to the cast. There is no projected release date for xXx 4 yet.