A new Under Re-Review policy status has been spotted in Google Ads, indicating that an ad is being reviewed again.
In the shared example, the ad remains Eligible (Limited), meaning it can still serve to a restricted audience, while the policy details simultaneously show Under Re-Review.
It is not yet clear whether Google is rolling out this status more broadly, if it is currently appearing only in selected accounts, or what the status means exactly.

This update was surfaced by Anthony Higman.