After much speculations and discussions on several internet platforms, "Transformers 5" has been confirmed. The direction of the movie will be helmed by none other than Michael Bay himself.

Though Bay was reluctant to return for another instalment of the movie based on Hasbro's toy-line of same name, Screen Rant has confirmed that he will be directing the fifth movie in the series.

However, what has come as a surprise for the fans is neither the confirmed release date nor Bay's involvement; it is the title and logo of the movie, recently revealed on the newly-created Instagram page, @transformersmovie.

Through the Instagram post, Paramount Pictures has confirmed that the movie, titled "Transformers: The Last Knight," will be released on June 23, 2017.

 

 Calling all #Autobots: Optimus Prime is ready for battle. Are you? #transformers

A video posted by Transformers (@transformersmovie) on May 16, 2016 at 3:28pm PDT

Michael Bay is all set to direct the movie from a script by Art Marcum, Matt Holloway and Ken Nolan. Wark Wahlberg will be back from the fourth film in the franchise, "Transformers: Age of Extinction" while there will be a new female lead, portrayed by Isabela Moner. Comedian Jerrod Carmichael has also been cast in an unknown role.

According to io9, fans of the franchise might find the title and logo of the movie a bit odd as Paramount has already announced that there are at least two more "Transformers" movies slated to release in 2018 and 2019.

However, the title of the movie might refer to the last movie in the series or a particular Transformer from the movie (either from Autobots or Decepticons), who may have a royal heritage back on their planet, Cybertron.

The font of the logo and the sword hints at a medieval setting of the movie. However, nothing has been officially announced regarding the storyline and fans will have to wait for some more time to find out the details.