Deadline has confirmed that Rick Moranis has in fact closed the deal on the new upcoming “Honey, I Shrunk the Kids” sequel coming not to Disney+ but to theaters. The sequel, titled “Shrunk” will be directed by Joe Johnston, and Josh Gad will also be starring. The movie centers around Gad’s character, who is the son of Moranis’ Wayne Szalinski. Gad’s character aspires to be a great scientist like his father, but accidentally shrinks the kids.

No premiere date for the film has been released. The original story of his rumored (now confirmed) return is below:

According to The DisInsider, Rick Moranis is in talks with Disney to come out of retirement to be a part of a Honey, I Shrunk the Kids reboot/sequel titled “SHRUNK”. Moranis played Professor Wayne Szalinski in the original film series, also at the Disney Parks in “Honey’ I Shrunk the Audience”. His photo can still be found in the queue of Journey Into Imagination with Figment at EPCOT.

In 1997, Moranis took a hiatus from working in the film industry, only taking some voice acting work in the Brother Bear films in the years that followed. After having declined an invitation to make a cameo appearance in 2016’s Ghostbusters reboot, Moranis clarified in an interview with The Hollywood Reporter that he had not, in fact, retired from film acting due to his hiatus, but instead had become selective about future roles.

The film is expected to start shooting in the Spring of 2020. No release date has been set and it is unclear if this would be released in theaters or on Disney+.