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StarVR, the Acer & Starbreeze owned startup behind the recently unveiled StarVR One wide field of view (FOV) headset, is going through a pretty rocky period after it was delisted from the Taipei stock exchange last month. Starbreeze today published an open letter to its developers notifying them the StarVR Developer Program is on hold until further notice.

Here’s the letter in full, which was also emailed to developers who signed up for the program:

To our valued community of developers and partners, We regret to inform you that the StarVR Developer Program has been put on hold until further notice. We believe it is the most responsible course of action to put the StarVR Developer Program on hold while our company is in the process of going private, which may entail some changes to our operations. Your interest and support for StarVR is greatly appreciated. We understand that many of you were looking forward to purchasing the StarVR One headset, and apologize for any inconvenience this may have caused. Sincerely yours, The StarVR Team

The StarVR Developer Program was devised to make StarVR One headsets available for purchase to a “select group of development teams and professional users.” There were also a few hoops to jump through to show that developers were up to the task of creating content for the $3,200 headset, which was unveiled in late August.

Where that leaves StarVR One, we’re just not sure at the moment. It’s very likely the company is searching for venture capital to make the transition from publicly traded company back to private firm a sound move financially.