On November 6, 2019, FASB discussed the GIK valuation project.
Back on August 21, 2019, FASB set the scope for the project to include only nonfinancial GIK with measurement (that means valuation) off the table. Staff was directed to work toward an exposure draft (ED) that would address only presentation and disclosure. That means an ED will only describe how GIK is presented on the statement of activity and what information is explained in the notes.
According to minutes of the 11/6/19 meeting, available here, FASB ratified that previous scope.