Despite many rumors of the aquatic princess tale falling by the seaside, it looks like the former Sophia Coppola project The Little Mermaid has found its Princess Ariel.

Variety is reporting that Chloe Grace Moretz (Kick-Ass, Carrie) will be donning the tale for the forth coming live action update of the classic tale of the mermaid who dreams of walking on land.

Disney has of late been revisiting all of their classic princess tales with newer live action retellings, and we can’t wait to see what other casting choices they make.

We’ll let you know as more information becomes available.