Nothing, the brand recognized for its budget-friendly, semi-transparent smartphones, is poised to unveil its latest flagship device, the Nothing Phone 3, on July 1st at 6 p.m. BST (1 p.m. ET). The announcement was made through a media invitation, featuring a mysterious, pixelated image and an animation that offers little information about the device. Nevertheless, some information has surfaced from prior rumors and reports.

Officially, Nothing’s CEO Carl Pei has announced that the Nothing Phone 3 will retail for around £800 (about €949 or $1,081, although prices may differ by region). Pei also indicated that the phone will include “significant performance enhancements,” updated software, and high-quality materials.

A recent leak suggested that the Nothing Phone 3 will be offered in black or white, in line with earlier models, and will come in two configurations: one with 12GB of RAM and 256GB of storage, and the other with 16GB of RAM and 512GB of storage. Pricing is anticipated to be $799/$899, based on the model.

Further information is expected in the upcoming weeks, and the launch event on July 1 will reveal more details about Nothing’s new flagship.