Arika showcased a new fighting game at EVO 2017 featuring cast members from their Street Fighter EX series, it's powered by the Unreal Engine. The video's description reads, "ARIKA has made a decision to begin development on a PlayStation 4 version of 'Mysterious Fighting Game (Title Undecided)' and make a public announcement on the final day of EVO2017". In a way, I guess it's a good thing given that now we're going to see more competition in the fighting game arena, and hopefully it will force Capcom to go back to making good games again. So there you have it, a new game based on the EX series, featuring characters from the EX series such as Kairi, Shirase, Garuda, Skullomania and Darunmister., Darunmister fights with a very unusual crotch-thrust-focussed juggle attack, it really needs to be seen to be believed.
You can check out the trailer below.
The actual fighting is fluid and fast, and looks like a literal evolution of the Street Fighter EX gameplay foundation, which should help separate it from Street Fighter V. The company released a glossy looking trailer (see below) for a new fighting game which unfortunately ended up being a very elaborate April Fool's joke. I don't know how true that is and the trailer seems to have a bit of a trollish theme to it, so it could be true.
It was announced as a PlayStation 4 release, which will happen in 2018 in North America, Europe and Japan. Pre-orders will be available at the same time in Japan, with bonuses yet to be announced, while details on that for other regions will come at a later date.