At Sony's State of Play event Five Nights at Freddy's VR: Help Wanted was announced.
The base trailer shows about what you'd expect, with the titular Freddy providing a spooky jump scare, along with characters like Mangled and some others that probably have names but I don't know them. Overall it doesn't show that much about the game.
https://www.youtube.com/watch?v=hi8ut4whWPY
After the trailer a bit more content was revealed. Five Nights at Freddy's VR won't just be a single game, but rather contain levels from all entries in the series. This includes the spin-off game Sister Location. In addition to this, the game will have some unique levels created just for it. Details beyond that haven't been confirmed, but we can expect more information in the future.
Five Nights at Freddy's VR: Help Wanted does not currently have a release date other than "coming soon."