This news is as of yet unconfirmed, but according to both IMDb (the pinnacle of online truthiness) and the official Facebook page of the new Pinhead, Paul T. Taylor, Hellraiser: Judgment will be released on March 28, 2017.
Directed by Gary Tunnicliffe, Hellraiser: Judgment stars Damon Carney, John Gulagher, Diane Goldner, Mike Jay Regan, Andi Powers, Jeff Fenter, Heather Langenkamp, and Paul T. Taylor as Pinhead.
Detectives Sean and David Carter are on the case to find a gruesome serial killer terrorizing the city. Joining forces with Detective Christine Egerton, they dig deeper into a spiraling maze of horror that may not be of this world. Could the judgement awaiting the killer’s victims also be waiting for Sean?