The film partners Lionsgate with Nu Image. Lionsgate holds US rights and Nu Image is selling in Cannes.
John Luessenhop is in talks to direct the film, which Carl Mazzocone is producing. Shooting is scheduled to start in late June.
Mazzocone, who was president of production at Twisted Pictures for four years, pursued the rights to the property and closed a deal to make up to six future sequels.
Nu Image’s Avi Lerner and Mark Burg will serve as executive producers.