UFC officials announced the news on Wednesday.
Originally, Moreno and Figueiredo were expected to clash at the UFC 269 card in December but the promotion opted to push back the title fight until January instead. Now Moreno and Figueiredo are expected to share space on the same card as the expected heavyweight title unification bout between Francis Ngannou and Ciryl Gane.
The third fight between Moreno and Figueiredo will happen just over one year after their initial meeting went down in December 2020. On that night, the flyweights battled to a majority draw before being rebooked six months later at UFC 263.
In the rematch, Moreno dominated the fight before finishing Figueiredo with a rear-naked choke in the third round to become flyweight champion.
Now Moreno will look to defend his title for the first time while Figueiredo will attempt to become a two-time champion in the division.
While no location has been announced yet for UFC 270, multiple sources speaking to MMA Fighting have indicated that Anaheim, Calif. is currently the frontrunner to land the event but nothing has been cemented just yet.