It has been announced that Men in Black will be coming back in the form of a spinoff.
The project has a script by Matt Holloway & Art Marcum (Iron Man and Transformers: The Last Knight) and is being produced by Walter F. Parkes and Laurie MacDonald and executive produced by Steven Spielberg. There's no director in place yet but it is said that the search for one is active.
"It's so rare to get to the end of the script and know you're holding a movie in your hands, but Art and Matt have written a spinoff that somehow is true to the core of the MiB world and yet expands the franchise to a fresh new place," said Parkes.
The studio has set a May 17, 2019 release date.