diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 09a2522..1589e88 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "1.2.0"
+    ".": "1.2.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2e10c76..7547cb7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.2.1](https://github.com/nodejs/merve/compare/v1.2.0...v1.2.1) (2026-03-11)
+
+
+### Bug Fixes
+
+* prevent out-of-bounds read in tryBacktrackAddStarExportBinding ([#41](https://github.com/nodejs/merve/issues/41)) ([4d450dc](https://github.com/nodejs/merve/commit/4d450dc69934f0f49e9529cb26c6fcfa3f6303bf))
+
 ## [1.2.0](https://github.com/nodejs/merve/compare/v1.1.3...v1.2.0) (2026-03-05)
 
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index f61bbc3..16f8450 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -3,10 +3,10 @@ cmake_minimum_required(VERSION 3.16)
 project(merve
   DESCRIPTION "Fast lexer to extract named exports via analysis from CommonJS modules"
   LANGUAGES C CXX
-  VERSION 1.2.0 # x-release-please-version
+  VERSION 1.2.1 # x-release-please-version
 )
 
-set(MERVE_LIB_VERSION "1.2.0" CACHE STRING "lexer library version") # x-release-please-version
+set(MERVE_LIB_VERSION "1.2.1" CACHE STRING "lexer library version") # x-release-please-version
 set(MERVE_LIB_SOVERSION "1" CACHE STRING "lexer library soversion") # x-release-please-major
 
 include(GNUInstallDirs)
diff --git a/include/merve/version.h b/include/merve/version.h
index 23d5e4b..95bd992 100644
--- a/include/merve/version.h
+++ b/include/merve/version.h
@@ -5,14 +5,14 @@
 #ifndef MERVE_VERSION_H
 #define MERVE_VERSION_H
 
-#define MERVE_VERSION "1.2.0" // x-release-please-version
+#define MERVE_VERSION "1.2.1" // x-release-please-version
 
 namespace lexer {
 
 enum {
   MERVE_VERSION_MAJOR = 1,     // x-release-please-major
   MERVE_VERSION_MINOR = 2,     // x-release-please-minor
-  MERVE_VERSION_REVISION = 0,  // x-release-please-patch
+  MERVE_VERSION_REVISION = 1,  // x-release-please-patch
 };
 
 }  // namespace lexer
diff --git a/rust/Cargo.toml b/rust/Cargo.toml
index 44e404c..72cba91 100644
--- a/rust/Cargo.toml
+++ b/rust/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "merve"
-version = "1.2.0" # x-release-please-version
+version = "1.2.1" # x-release-please-version
 edition = "2024"
 rust-version = "1.85"
 authors = ["Yagiz Nizipli <yagiz@nizipli.com>"]