Regal appeared on WWE's The Bump today and announced the tournament because current NXT Cruiserweight Champion Jordan Devlin is stuck in the UK due to coronavirus travel restrictions.
Regal said he will be announcing competitors and full tournament details on social media over the next few days.
Regal also addressed the situation surrounding the NXT Tag Team Titles as Pete Dunne is also stuck in the UK due to COVID-19. His partner Matt Riddle has been appearing on NXT TV by himself. Regal said he hasn't decided on what will happen with the NXT Tag Team Titles yet, but he will be looking at all available options and he will have an announcement in the next week or so.
Tonight's NXT episode on the USA Network will feature Tommaso Ciampa vs. Johnny Gargano in an empty building with just a referee and a ring, billed as "Blackheart vs. Rebel Heart: The Final Beat" by WWE. The show will also feature a six-woman Ladder Match to crown a new #1 contender to NXT Women's Champion Charlotte Flair, with Mia Yim, Candice LeRae, Chelsea Green, Tegan Nox, Dakota Kai, and Io Shirai.
Stay tuned for updates on the tournament to crown an Interim NXT Cruiserweight Champion, and the situation with the NXT Tag Team Titles.
As I just announced on @WWETheBump, we will soon begin a tournament to crown an interim NXT Cruiserweight Champion as the current champion, @Jordan_Devlin1 is unable to compete due to the situation in the world.— William Regal (@RealKingRegal) April 8, 2020
I will update everyone once all the details are ironed out.
ALSO: With @PeteDunneYxB over in the U.K., @RealKingRegal has said that he has some decisions to make with regard to the state of the #WWENXT #TagTeamChampionship.#WWETheBump @WWENXT pic.twitter.com/lgSRLdpHyV— WWE's The Bump (@WWETheBump) April 8, 2020