TL;DR: TSM will not participate in the upcoming fifth season of Pro League and has left the League, the License to participate in the League has been transferred via the majority of the players to their new organization Misfits.
Team SoloMid contacted us earlier this week to inform us that they plan to leave Pro League as they would be selling their Counter-Strike: Global Offensive division to Misfits. Following our rules and guidelines for League License transfers we have reached out to the majority of the Team SoloMid players to confirm with them that they would be joining Misfits. At the same time we also reached out to Misfits to discuss the transfer as well as informing them about the transfer rules and restrictions.
After receiving the confirmation from both the majority of the players as well as Misfits the League has authorized the License transfer and would like to welcome Misfits to the League!
Team SoloMid's License has been removed on their own request and transferred to the majority of the players with the restriction to use a majority lineup. As the players confirmed to join Misfits the License has then been transferred to Misfits with the restriction to use a majority lineup for the first 14 matches in the upcoming fifth season. After the first 14 matches have been completed without violations of the restriction the restricted License will automatically become a full License.