The only thing they showed off after the last delay was a fucking flip animation, thinking that would save their garbage game from bombing.
They must have saw everyone still trashing their game in the responses and thought "oh no, delay it again!". They were hoping for a February release to ride Black History Month retardation but now they're up against Kingdom Come 2, Monster Hunter Wilds, and a PC release of FF Rebirth at the end of the January. Kingdom Come 2 in particular is apparently killing it for preorders, so Ubisoft is scared to release next to them. They might just be delaying this game indefinitely until they can sell the company.