They emerged from bankruptcy on 24 November 2020. It is now owned by a former CEO of MGM Resorts and an investment firmI may be wrong but I'm fairly certain that I read early on in the pandemic that Cirque du Soleil went bankrupt as a result of the pandemic.
There is nothing anywhere about Drawn to Life being scrapped and is still on the Cirque website. I am sure once they can fully rehears and fill the theater enough to make a profit they will announce an opening date. It looks like all the Vegas shows are still waiting to reopen as well.
They permanently closed one and are only currently committed to reopening O and Mystere sometime in July/August.