Sunny Day Real Estate will release new recorded music for the first time since 2000 on a split with Circa Survive. The song is titled "Lipton Switch" and Circa's is "Bad Heart," recorded after the release of Violent Waves. The split will be limited to 2,500 vinyl records and is due out on Record Store Day (April 19th). Check out the art in the replies.
If I remember correctly SDRE had a few studio sessions in 2009/2010 but the band more or less deteriorated and they felt that it wasn't comparable to their old material, so they abandoned it. I guess this track is from one of those sessions.