How to stop publishing a new version of extension that is marked as 'Pending Review' in chrome store
Unfortunately this is still an issue as of today (8/14/2020) and there is no way to cancel a submission for review.
A recent change when submitting an extension for review there is an option to automatically publish the extension after passing the review. This is checked by default in the window prompt. As a practice I would recommend not allowing publication after a review to provide you with the final decision when the extension is published to the Chrome Web Store.