diff --git a/.gitignore b/.gitignore
index c629959..8463657 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1 @@
-SOURCES/PSM2_11.2.230.tar.gz
+SOURCES/PSM2_12.0.1.tar.gz
diff --git a/.libpsm2.metadata b/.libpsm2.metadata
index c2f53c3..c8c6ce4 100644
--- a/.libpsm2.metadata
+++ b/.libpsm2.metadata
@@ -1 +1 @@
-860a7dbf44cefd30ebfe1bcf9f9192857bfdbd5d SOURCES/PSM2_11.2.230.tar.gz
+2c022b9ee8a7512b2fe86b13ce0021a005680db4 SOURCES/PSM2_12.0.1.tar.gz
diff --git a/SPECS/libpsm2.spec b/SPECS/libpsm2.spec
index 67da5c0..904b0c3 100644
--- a/SPECS/libpsm2.spec
+++ b/SPECS/libpsm2.spec
@@ -52,7 +52,7 @@
 #
 Summary: Intel PSM Libraries
 Name: libpsm2
-Version: 11.2.230
+Version: 12.0.1
 Release: 1%{?dist}
 License: BSD or GPLv2
 URL: https://github.com/cornelisnetworks/opa-psm2/
@@ -142,6 +142,10 @@ rm -f %{buildroot}%{_libdir}/*.a
 %endif
 
 %changelog
+* Wed Oct 30 2024 Kamal Heib <kheib@redhat.com> - 12.0.1-1
+- Rebase to upstream release PSM2_12.0.1
+- Resolves: RHEL-51872
+
 * Wed Feb 01 2023 Kamal Heib <kheib@redhat.com> - 11.2.230-1
 - Rebase to upstream release PSM2_11.2.230