diff --git a/VERSION b/VERSION
index 9b0025a78..d0a191543 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.40.0
+0.40.1
diff --git a/changelog.txt b/changelog.txt
index 4db0af177..5a206686b 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,5 +1,8 @@
 # Wave changelog
-v0.40.0 -  26 Aug 2023 
+v0.40.1 - 30 Aug 2023 
+- Use HttpClient factory to create singleton instances [464c6b67]
+
+v0.40.0 - 26 Aug 2023 
 - Improve naming of build containers [ffd8785f]
 - Add cacheable annotation to RegistryCredentialsProviderImpl [9ebff597]