The following is provided courtesy of M-1 Global:

NEW YORK -- Executives at M-1 Global announced today they have started a
new promotion called Adrenaline MMA and will begin promoting major events
in the U.S. beginning in June.

Adrenaline will replace M-1 Global in the U.S. immediately. Monte Cox is the President and CEO of Adrenaline MMA. Bob Clark is the COO and Brian Patton is VP responsible for sponsorships and endorsements.
MMAFightline.com reports:

M-1 Global has announced that they have officially parted ways with Fedor Emelianenko and per an aggrement with Fedor's representatives, (who use the M-1 name in Europe) will continue to operate under a new name.

As we reported yesterday, that name will be Adrenaline and the promotion will debut on June 14 in Chicago. MMAWeekly is reporting today that the first fight has already been officially announced as Jeff Monson will take on Mike Russow in a heavyweight showdown.

Russow last fought at the Japanese Yarennoka event on NYE, earning a submission victory over Roman Zentsov.
Monson is coming of of a decision win over Hakim Goram at Ring of Fire.

Note: Former Bodog Fight welterweight champion Eddie Alvarez has also been signed by Adrenaline.