diff --git a/release/create.sh b/release/create.sh
index 290875a7..f2d2a54e 100755
--- a/release/create.sh
+++ b/release/create.sh
@@ -3,7 +3,7 @@
 set -euo pipefail
 
 ARTIFACT_CLI_VERSION="v0.6.7"
-SPC_CLI_VERSION="v1.12.2"
+SPC_CLI_VERSION="v1.12.3"
 WHEN_CLI_VERSION="v1.4.0"
 # we include multiple when binaries for all suported Erlang versions
 # and configure the correct one based on Erlang version in the VM where toolbox is installed