A purse bid for the rematch between WBO featherweight titleholder Rafael Espinoza and challenger Robeisy Ramirez will be held on Oct. 11 at 11 a.m. ET, the WBO announced. 

The bid will take place at the WBO's main offices in San Juan, Puerto Rico.

The rematch follows their clash in December clash when Espinoza, a relatively unknown challenger at the time, upset Ramirez to win the WBO title in a fight that saw both fighters hit the canvas. Espinoza (25-0, 21 KOs), known for his impressive 6-foot-1 frame, has since defended his title with a fourth-round stoppage of Sergio Chirino earlier this year.

Ramirez (14-2, 9 KOs), the 30-year-old Cuban former titleholder, made one successful defense before losing to Espinoza. He returned to action with a stoppage victory over Brandon Leon Benitez and called for the rematch.

The minimum bid for the WBO featherweight title bout is $150,000. WBO President Paco Valcárcel will preside over the proceedings.