Does the pre-pub status with a release date make sense?
This is the publisher's release date for the product.
See https://www.logos.com/same-day-releases.
Pre-pubs have had release dates as long as I can remember, even when they are books that were already released by the publisher and Logos has waited to get enough interest before doing the work to convert them to Logos editions. They can predict approximately when they'll be done and release them. There was much angst in the forums over these ship dates changing: people had viewed them as promises, but they were really just best-guess estimates, and schedule slips inevitably happened occasionally.