Believe it or not, after floating through a couple decades of development hell, giant shark movie The Meg is finally about to surface in theatres this summer. Based on the novel by Steve Alton, the project has been through a handful of directors over the years including Guillermo Del Toro and Eli Roth, only to end up with National Treasure director Jon Turtletaub. Go figure. With the success of recent shark movies like The Shallows and 47 Meters Down, this has the potential to be a big hit, but based on the trailer it also feels like the big bloated studio version of something that should be small and sleek. Then again, it’s hard to resist the basic draw of Jason Statham taking on a giant shark. The Meg co-stars Bingbing Li, Ruby Rose, Rainn Wilson, Jessica McNamee and Cliff Curtis and it hits theatres on Aug. 10th. Check out the first trailer after the jump and let us know what you think.