Are they making an equalizer 3?

Excuse me, but I'm quite curious about a particular topic that's been buzzing around in my head lately. I'm a huge fan of the Equalizer franchise, and the previous installments have left quite an impression on me. So, I was wondering, are they currently in the process of making an Equalizer 3? If so, do we have any details about its release date, cast, or storyline? I'm eager to know if Denzel Washington will reprise his role as Robert McCall, and if the film will maintain the same level of intensity and thrill that its predecessors had. Any information you could provide would be greatly appreciated.