Dwayne Johnson's production house, Universal to reboot 'The Scorpion King'

It will be a reboot and not a sequel to The Scorpion King.

The character of Mathayus, the Scorpion King, had its own prequel in the straight-to-video title The Scorpion King 2: Rise of a Warrior, in which Johnson did not take part.

Interestingly, Johnson might appear in the film "in another capacity," if not the king himself.

Johnson and Dany Garcia are producing the film through their production house Seven Bucks Productions, along with Universal Pictures.

Jonathan Herman, whose original screenplay on Straight Outta Compton with Andrea Berloff won an Academy Award nomination, is penning the script of the movie.

Notably, this one will be a contemporary take on the original The Scorpion King movie.

"The Scorpion King was my very first role ever on the silver screen...I would not have had the career I am lucky enough to have, had it not been for The Scorpion King."

"I'm thrilled that we at Seven Bucks Productions can help create those same opportunities for other hard-working actors today," said Dwayne Johnson in a statement about the film.

Garcia echoed Johnson's sentiments while talking about the film.

"The original Scorpion King was a crucial catalyst helping to catapult us into the world of film. To be able to now produce the next iteration as part of our Seven Bucks Productions slate is a special, full circle moment," she said.

However, no director or lead actor have been finalized for the new project.