Guida recently snapped a two fight losing streak at the first UFC on Versus event, finishing Shannon Gugerty with an arm-triangle choke in the second round. It was the fourth fight that he has finished in the UFC, and the submission netted him a 50,000 dollar Submission of The Night bonus. Guida was originally scheduled to face former lightweight champion Sean Sherk, but Sherk pulled out with an injury. Guida is 6-5 in the promotion.
Dos Anjos is coming off of three straight victories over Rob Emerson, Kyle Bradley, and recently Terry Etim at UFC 112. His submission victory over Etim netted him a 75,000 dollar Submission of the Night bonus. Anjos is 3-2 in the promotion, with his two losses being his first two fights in the promotion.
UFC 117 wil take place on August 7 from the Oracle Arena in Oakland, California.