Fedor Emelianenko has signed with the Russian-based promotion M-1, according to a report published by The Fight Network.

M-1, an organization formerly run by Emelianenko's manager, Vadim Finkelstein, has been purchased by a company with ties to the American entertainment industry, and its first order of business was inking Emelianenko to a deal.

The new organization will run under the M-1 Global moniker and plans to promote shows in Russia, Japan and the United States with the first event possibly coming to fruition as soon as New Year's Eve.

A news conference has been tentatively scheduled for Oct. 23 in New York City to announce the signing as well as to introduce the new promotion to the media.