Romero Games has officially closed due to the withdrawal of crucial funding from Microsoft for its first-person shooter project. Former employees reported that meetings with the publisher occurred just a day before the funding was pulled, leaving the studio's future uncertain. Despite the closure, efforts are being made to explore alternative funding for the in-development FPS project. The studio had recently increased its social media presence and engaged with the gaming community through a new "FPS Fridays" series on Twitch.