There are two ways I can look at this. If the plot in any way picks up where the other one left off, I think it will be pointless. That story had a beginning, a middle and an end.
However, if they try to expand the universe in the way e.g. The Animatrix stories did then we may have something worth looking at.
In any case, a studio wants to take advantage of a strong franchise name. Can’t blame them, but I hope they leave the original intact.