What happens to Bleed

Super confused about what happens to bleed eSports for 2025.
Will they get a chance to retain their franchised spot or will they have go through tier 2 again in 2025 and play in 2026 or do they get a buy somewhere.

Bl00d y0y

If they make Champs: They keep their spot for a year
If they make playoffs: They play in the Ascension tournament, where they have to win to keep their spot
Else: They get demoted and have to play challengers in 2026

All the ascension teams that came to the league this year will be in 2025 but the new rules will take into effect after champs

So basically we can only see them again in 2026 and we will get 2 promotions ascension.