As reported in a reddit post and confirmed in a github discussion, Simple Mobile Tools is being sold to ZippoApps which is known for shady business practices.
It is not yet clear whether they will make the app suite closed source (which would infringe the rights of all contributors since they contributed under the GPLv3 license).
In response to that situation, one of the main contributors forked the project under the name FossifyX and will continue to work on it.
Some folks seem to forget this feature of open source when it comes to projects like Chromium. History has plenty of examples of forks of small and large projects. Chromium (Blink) itself is one.