Kaneda reporting this in association with TNT Amusements. Supposedly they have the rights and are making a 2.0 version.
Update 4/26/21 - Confirmed - Manufacturing is scheduled to begin on July 1st
Classic Edition: ~$7,360 USD | $9,500 AUD
Mermaid Edition: ~$8,900 USD | $11,500 AUD (limited to 250 machines)
More info from TWIP
Interview from the Pinball Show - Episode 57: Get Off My Ocean!