diff --git a/CHANGELOG.md b/CHANGELOG.md
index 050e86dca7..ef1ebe8a56 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,28 +10,22 @@
 > - :nail_care: [Polish]
 > - :house: [Internal]
 
-# 12.0.0-beta.14 (Unreleased)
+# 12.0.0-rc.1
 
 #### :boom: Breaking Change
 
-- Removed "rescript legacy" subcommand in favor of separate "rescript-legacy" binary. https://github.com/rescript-lang/rescript/pull/7928
-- Add comparison fn for Error in Result.equal and compare. https://github.com/rescript-lang/rescript/pull/7933
+- Removed `rescript legacy` subcommand in favor of separate `rescript-legacy` binary. https://github.com/rescript-lang/rescript/pull/7928
+- Add comparison function for `Error` in `Result.equal` and `compare`. https://github.com/rescript-lang/rescript/pull/7933
 - Rewatch: `"type": "dev"` and `dev-dependencies` will be compiled by default for local packages. The `--dev` flag no longer does anything. https://github.com/rescript-lang/rescript/pull/7934
 
-#### :eyeglasses: Spec Compliance
-
-#### :rocket: New Feature
-
 #### :bug: Bug fix
 
 - Prevent lockfile creation when project folder is missing. https://github.com/rescript-lang/rescript/pull/7927
 - Fix parameter type / return type ambiguity error for unit case. https://github.com/rescript-lang/rescript/pull/7930
 
-#### :memo: Documentation
-
 #### :nail_care: Polish
 
-- Rewatch cli: do not show build command options in the root help. https://github.com/rescript-lang/rescript/pull/7715
+- ReScript cli: do not show build command options in the root help. https://github.com/rescript-lang/rescript/pull/7715
 - Deprecate reanalyze `@raises` in favor of `@throws`. https://github.com/rescript-lang/rescript/pull/7932
 
 #### :house: Internal
diff --git a/compiler/common/bs_version.ml b/compiler/common/bs_version.ml
index 59b9f5f207..f5916a7cd4 100644
--- a/compiler/common/bs_version.ml
+++ b/compiler/common/bs_version.ml
@@ -21,5 +21,5 @@
  * You should have received a copy of the GNU Lesser General Public License
  * along with this program; if not, write to the Free Software
  * Foundation, Inc., 59 Temple Place - Suite 330, Boston, MA 02111-1307, USA. *)
-let version = "12.0.0-beta.14"
+let version = "12.0.0-rc.1"
 let header = "// Generated by ReScript, PLEASE EDIT WITH CARE"
diff --git a/package.json b/package.json
index 1c87f93c43..cb4d95fc4e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "rescript",
-  "version": "12.0.0-beta.14",
+  "version": "12.0.0-rc.1",
   "description": "ReScript toolchain",
   "type": "module",
   "keywords": [
diff --git a/packages/@rescript/darwin-arm64/package.json b/packages/@rescript/darwin-arm64/package.json
index 688cfb98f4..bb783e7c84 100644
--- a/packages/@rescript/darwin-arm64/package.json
+++ b/packages/@rescript/darwin-arm64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@rescript/darwin-arm64",
-  "version": "12.0.0-beta.14",
+  "version": "12.0.0-rc.1",
   "description": "ReScript binaries for MacOS ARM64",
   "type": "module",
   "homepage": "https://rescript-lang.org",
diff --git a/packages/@rescript/darwin-x64/package.json b/packages/@rescript/darwin-x64/package.json
index 22e7dac5d4..1197b94353 100644
--- a/packages/@rescript/darwin-x64/package.json
+++ b/packages/@rescript/darwin-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@rescript/darwin-x64",
-  "version": "12.0.0-beta.14",
+  "version": "12.0.0-rc.1",
   "description": "ReScript binaries for MacOS x86_64",
   "type": "module",
   "homepage": "https://rescript-lang.org",
diff --git a/packages/@rescript/linux-arm64/package.json b/packages/@rescript/linux-arm64/package.json
index a403c5bb7d..afd62474d0 100644
--- a/packages/@rescript/linux-arm64/package.json
+++ b/packages/@rescript/linux-arm64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@rescript/linux-arm64",
-  "version": "12.0.0-beta.14",
+  "version": "12.0.0-rc.1",
   "description": "ReScript binaries for Linux ARM64",
   "type": "module",
   "homepage": "https://rescript-lang.org",
diff --git a/packages/@rescript/linux-x64/package.json b/packages/@rescript/linux-x64/package.json
index 22588291f7..40e56885ef 100644
--- a/packages/@rescript/linux-x64/package.json
+++ b/packages/@rescript/linux-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@rescript/linux-x64",
-  "version": "12.0.0-beta.14",
+  "version": "12.0.0-rc.1",
   "description": "ReScript binaries for Linux x86_64",
   "type": "module",
   "homepage": "https://rescript-lang.org",
diff --git a/packages/@rescript/runtime/package.json b/packages/@rescript/runtime/package.json
index 1501331b34..3f431746ea 100644
--- a/packages/@rescript/runtime/package.json
+++ b/packages/@rescript/runtime/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@rescript/runtime",
-  "version": "12.0.0-beta.14",
+  "version": "12.0.0-rc.1",
   "description": "ReScript runtime modules",
   "type": "module",
   "homepage": "https://rescript-lang.org",
diff --git a/packages/@rescript/win32-x64/package.json b/packages/@rescript/win32-x64/package.json
index f7d9855c6b..e8c82c0d9f 100644
--- a/packages/@rescript/win32-x64/package.json
+++ b/packages/@rescript/win32-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@rescript/win32-x64",
-  "version": "12.0.0-beta.14",
+  "version": "12.0.0-rc.1",
   "description": "ReScript binaries for Windows x86_64",
   "type": "module",
   "homepage": "https://rescript-lang.org",
diff --git a/rewatch/Cargo.lock b/rewatch/Cargo.lock
index 0e79cf6bb5..562827c7c2 100644
--- a/rewatch/Cargo.lock
+++ b/rewatch/Cargo.lock
@@ -768,7 +768,7 @@ checksum = "2b15c43186be67a4fd63bee50d0303afffcef381492ebe2c5d87f324e1b8815c"
 
 [[package]]
 name = "rescript"
-version = "12.0.0-beta.14"
+version = "12.0.0-rc.1"
 dependencies = [
  "ahash",
  "anyhow",
diff --git a/rewatch/Cargo.toml b/rewatch/Cargo.toml
index 4690210e81..46befe25ac 100644
--- a/rewatch/Cargo.toml
+++ b/rewatch/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "rescript"
-version = "12.0.0-beta.14"
+version = "12.0.0-rc.1"
 edition = "2024"
 rust-version = "1.88"
 
diff --git a/yarn.config.cjs b/yarn.config.cjs
index 47220d48da..4218aada4f 100644
--- a/yarn.config.cjs
+++ b/yarn.config.cjs
@@ -14,7 +14,7 @@ const execPromise = util.promisify(exec);
  * @param {Yarn.Constraints.Context} ctx
  */
 async function enforceCompilerMeta({ Yarn }) {
-  const EXPECTED_VERSION = "12.0.0-beta.14";
+  const EXPECTED_VERSION = "12.0.0-rc.1";
 
   for (const workspace of Yarn.workspaces()) {
     const { ident } = workspace.pkg;