Last year, following a long series of events, Panda, one of FGC's biggest organizations at the time announced they would be suspending what was supposed to be their big major event, the Panda Cup Finals. Today, the remaining members of the team, which they state is down to eight core members, have released a statement as to the future of the team.

Besides the heavy downsizing of the team, and distancing from former CEO Alan; Panda has provided an update to some of the products they had in the works. PGStats, one of the most respected Smash stats websites in the scene will be going offline at the start of 2024 as it cannot afford to sustain itself further. The Panda Controller will also be discontinued, with the patents likely up for sale.

Finally, they also offer those who wish to support this re-structuring of the organization a path to do so, via their merch shop, which includes a bomber jacket.

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