The show, co-created with Stephen Merchant, stars Warwick Davis as a fictionalized version of himself in the entertainment business.
Gervais and Merchant discussed the possibility of a special last year, with Merchant admitting that he was too exhausted to consider a full second season of Life’s Too Short.
Deadline reports that HBO, which aired the seven-episode first season of the series in February 2012, has committed to a new final episode that will wrap up the story.
The special will reportedly air later in the year.
Meanwhile, Merchant is currently developing a new comedy series for HBO called Hello Ladies.