diff --git a/.gitignore b/.gitignore
index 073c80d..6832a99 100644
--- a/.gitignore
+++ b/.gitignore
@@ -75,3 +75,5 @@
 /compiler-rt-12.0.0rc5.src.tar.xz.sig
 /compiler-rt-12.0.0.src.tar.xz
 /compiler-rt-12.0.0.src.tar.xz.sig
+/compiler-rt-12.0.1rc1.src.tar.xz
+/compiler-rt-12.0.1rc1.src.tar.xz.sig
diff --git a/compiler-rt.spec b/compiler-rt.spec
index 0a96a3a..d28e1f7 100644
--- a/compiler-rt.spec
+++ b/compiler-rt.spec
@@ -1,6 +1,6 @@
-#%%global rc_ver 5
+%global rc_ver 1
 
-%global crt_srcdir compiler-rt-%{version}%{?rc_ver:rc%{rc_ver}}.src
+%global crt_srcdir compiler-rt-12.0.1%{?rc_ver:rc%{rc_ver}}.src
 
 # see https://sourceware.org/bugzilla/show_bug.cgi?id=25271
 %global optflags %(echo %{optflags} -D_DEFAULT_SOURCE)
@@ -9,8 +9,8 @@
 %global optflags %(echo %{optflags} -Dasm=__asm__)
 
 Name:		compiler-rt
-Version:	12.0.0%{?rc_ver:~rc%{rc_ver}}
-Release:	3%{?dist}
+Version:	12.0.1%{?rc_ver:~rc%{rc_ver}}
+Release:	1%{?dist}
 Summary:	LLVM "compiler-rt" runtime libraries
 
 License:	NCSA or MIT
@@ -112,6 +112,9 @@ popd
 %endif
 
 %changelog
+* Tue Jun 01 2021 Tom Stellard <tstellar@redhat.com> - 12.0.1~rc1-1
+- 12.0.1-rc1 Release
+
 * Fri May 21 2021 sguelton@redhat.com - 12.0.0-3
 - Update removal of C++ dep to follow upstream
 - Backport linux/cyclade.h removal patch
diff --git a/sources b/sources
index 2f00f28..3110e66 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (compiler-rt-12.0.0.src.tar.xz) = 5823c22bca915b393fc57fff1742a4a9d7a6645e87abf89da5a3554c9aaa6039631faa69cc3798bc2dd159f0135ee84d0ed08841e24f007d06dfd284b823b281
-SHA512 (compiler-rt-12.0.0.src.tar.xz.sig) = 669a996d7ea5ed4f556ff2a1db479c5d3c1cb326dcd14b2ac112dfa876fd8928aec9e6c665e27c0f9ab046471229049e80e879867ef26f6cba5592a81f12ccb5
+SHA512 (compiler-rt-12.0.1rc1.src.tar.xz) = 66981e1ac4d45dd0c2e5404d4a13bfd5f43ad1ac85679dc8301248efc94df250b7ea4dd3fb3f764a282f960ba6493d9ed24d4aa6234972dafde41abdf38bf2a8
+SHA512 (compiler-rt-12.0.1rc1.src.tar.xz.sig) = 7761eff17eee33b15f6e2f73cb95918215add90715004feb8c368ab1aecdb054b985fd9374825d3fc22d614aa2cebc6e7dcd669fe33120b7bae158e6e71c7b0f