diff --git a/CHANGELOG.md b/CHANGELOG.md
index bb4244aa..4e131951 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.12.1](https://github.com/GoogleCloudPlatform/alloydb-auth-proxy/compare/v1.12.0...v1.12.1) (2025-01-15)
+
+
+### Bug Fixes
+
+* bump dependencies to latest ([#747](https://github.com/GoogleCloudPlatform/alloydb-auth-proxy/issues/747)) ([be4d719](https://github.com/GoogleCloudPlatform/alloydb-auth-proxy/commit/be4d719b9fa4b12024e615b7c9b823303f3be851))
+
 ## [1.12.0](https://github.com/GoogleCloudPlatform/alloydb-auth-proxy/compare/v1.11.3...v1.12.0) (2024-12-11)
 
 
diff --git a/README.md b/README.md
index 1415ec6e..6e1a67c9 100644
--- a/README.md
+++ b/README.md
@@ -41,7 +41,7 @@ following instructions for your OS and CPU architecture.
 
 ``` sh
 # see Releases for other versions
-URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0"
+URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1"
 
 wget "$URL/alloydb-auth-proxy.linux.amd64" -O alloydb-auth-proxy
 
@@ -54,7 +54,7 @@ chmod +x alloydb-auth-proxy
 
 ``` sh
 # see Releases for other versions
-URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0"
+URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1"
 
 wget "$URL/alloydb-auth-proxy.linux.386" -O alloydb-auth-proxy
 
@@ -67,7 +67,7 @@ chmod +x alloydb-auth-proxy
 
 ``` sh
 # see Releases for other versions
-URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0"
+URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1"
 
 wget "$URL/alloydb-auth-proxy.linux.arm64" -O alloydb-auth-proxy
 
@@ -80,7 +80,7 @@ chmod +x alloydb-auth-proxy
 
 ``` sh
 # see Releases for other versions
-URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0"
+URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1"
 
 wget "$URL/alloydb-auth-proxy.linux.arm" -O alloydb-auth-proxy
 
@@ -93,7 +93,7 @@ chmod +x alloydb-auth-proxy
 
 ``` sh
 # see Releases for other versions
-URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0"
+URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1"
 
 wget "$URL/alloydb-auth-proxy.darwin.amd64" -O alloydb-auth-proxy
 
@@ -106,7 +106,7 @@ chmod +x alloydb-auth-proxy
 
 ``` sh
 # see Releases for other versions
-URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0"
+URL="https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1"
 
 wget "$URL/alloydb-auth-proxy.darwin.arm64" -O alloydb-auth-proxy
 
@@ -119,7 +119,7 @@ chmod +x alloydb-auth-proxy
 
 ``` sh
 # see Releases for other versions
-wget https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0/alloydb-auth-proxy-x64.exe -O alloydb-auth-proxy.exe
+wget https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1/alloydb-auth-proxy-x64.exe -O alloydb-auth-proxy.exe
 ```
 </details>
 
@@ -128,7 +128,7 @@ wget https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0/alloydb-auth-prox
 
 ``` sh
 # see Releases for other versions
-wget https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0/alloydb-auth-proxy-x86.exe -O alloydb-auth-proxy.exe
+wget https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1/alloydb-auth-proxy-x86.exe -O alloydb-auth-proxy.exe
 ```
 </details>
 
@@ -160,13 +160,13 @@ currently supported:
 
 <!-- {x-release-please-start-version} -->
 The `$VERSION` is the Proxy version without the leading "v" (e.g.,
-`1.12.0`).
+`1.12.1`).
 
 For example, to pull a particular version, use a command like:
 
 ``` shell
-# $VERSION is 1.12.0
-docker pull gcr.io/alloydb-connectors/alloydb-auth-proxy:1.12.0
+# $VERSION is 1.12.1
+docker pull gcr.io/alloydb-connectors/alloydb-auth-proxy:1.12.1
 ```
 
 <!-- {x-release-please-end} -->
diff --git a/cmd/root.go b/cmd/root.go
index d8d69e6f..cc1b4fb1 100644
--- a/cmd/root.go
+++ b/cmd/root.go
@@ -369,7 +369,7 @@ Third Party Licenses
   To view all licenses for third party dependencies used within this
   distribution please see:
 
-  https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0/third_party/licenses.tar.gz {x-release-please-version}
+  https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1/third_party/licenses.tar.gz {x-release-please-version}
 
 Static Connection Info
 
diff --git a/cmd/version.txt b/cmd/version.txt
index 0eed1a29..f8f4f03b 100644
--- a/cmd/version.txt
+++ b/cmd/version.txt
@@ -1 +1 @@
-1.12.0
+1.12.1
diff --git a/docs/cmd/alloydb-auth-proxy.md b/docs/cmd/alloydb-auth-proxy.md
index 4964e73e..e2cfb0fc 100644
--- a/docs/cmd/alloydb-auth-proxy.md
+++ b/docs/cmd/alloydb-auth-proxy.md
@@ -264,7 +264,7 @@ Third Party Licenses
   To view all licenses for third party dependencies used within this
   distribution please see:
 
-  https://storage.googleapis.com/alloydb-auth-proxy/v1.12.0/third_party/licenses.tar.gz 
+  https://storage.googleapis.com/alloydb-auth-proxy/v1.12.1/third_party/licenses.tar.gz 
 
 Static Connection Info