FIU still looks like it could happen, but it looks like the FAU Owls didn't get an invite to the "alliance" and are going to stay in the Sun Belt. Everyone will have to change the prospective conference alignment predictions that had FAU with FIU in the C-USA side of things.
President Mary Jane Saunders told Owl Access on Friday:
"I can tell you we have not been invited to another conference," Saunders said. "I think those decisions have already been made. I think it's finished now. ...We're staying in the Sun Belt."
So according to President Saunders, the invitations for membership in the new alliance have already been decided, yet no one has heard anything about who they are: Let the speculation begin...