diff --git a/VERSION b/VERSION
index a23207367..0d92a1028 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.16.4
+1.16.5
diff --git a/changelog.txt b/changelog.txt
index 4b44ca556..6f77ed561 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,4 +1,7 @@
 # Wave changelog
+1.16.5 - 30 Dec 2024
+- Fix Missing legacy classes deserialization [7687cd24]
+
 1.16.4 - 30 Dec 2024
 - Add custom toString method DelegateResponse class [6feb386a]
 - Add isTraceEnable if guard to log traces [166ca37f]