diff --git a/.gitignore b/.gitignore
index a0642aa..bf68e80 100644
--- a/.gitignore
+++ b/.gitignore
@@ -102,3 +102,5 @@
 /llvm-12.0.0rc5.src.tar.xz.sig
 /llvm-12.0.0.src.tar.xz
 /llvm-12.0.0.src.tar.xz.sig
+/llvm-12.0.1rc1.src.tar.xz
+/llvm-12.0.1rc1.src.tar.xz.sig
diff --git a/llvm.spec b/llvm.spec
index 4f671b9..7895e11 100644
--- a/llvm.spec
+++ b/llvm.spec
@@ -10,11 +10,11 @@
 
 %global llvm_libdir %{_libdir}/%{name}
 %global build_llvm_libdir %{buildroot}%{llvm_libdir}
-#%%global rc_ver 5
-%global llvm_srcdir llvm-%{version}%{?rc_ver:rc%{rc_ver}}.src
+%global rc_ver 1
 %global maj_ver 12
 %global min_ver 0
-%global patch_ver 0
+%global patch_ver 1
+%global llvm_srcdir llvm-%{maj_ver}.%{min_ver}.%{patch_ver}%{?rc_ver:rc%{rc_ver}}.src
 
 %if %{with compat_build}
 %global pkg_name llvm%{maj_ver}
@@ -48,7 +48,7 @@
 
 Name:		%{pkg_name}
 Version:	%{maj_ver}.%{min_ver}.%{patch_ver}%{?rc_ver:~rc%{rc_ver}}
-Release:	7%{?dist}
+Release:	1%{?dist}
 Summary:	The Low Level Virtual Machine
 
 License:	NCSA
@@ -560,6 +560,9 @@ fi
 %endif
 
 %changelog
+* Wed May 26 2021 Tom Stellard <tstellar@redhat.com> - llvm-12.0.1~rc1-1
+- 12.0.1-rc1 Release
+
 * Mon May 17 2021 sguelton@redhat.com - 12.0.0-7
 - Fix handling of llvm-config
 
diff --git a/sources b/sources
index 2acf0d0..f6201b6 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (llvm-12.0.0.src.tar.xz) = ec17153ef774a1e08085763bda7d0dfce6802fbaa17e89831695ce1b2eb015a6c2aebfaa9fe7985a83b9c51bd75d40bb4f1fc706dc16d4c0dc2b2722a1d8a24e
-SHA512 (llvm-12.0.0.src.tar.xz.sig) = c8d55589e86a29a6c19a8adecb54ce0e7b3398fb9d2263ecba9ac02be88a160915b88c3f9f595d6cb807c82f1ed7648dd5c90c334407f624aacfb02386e7014c
+SHA512 (llvm-12.0.1rc1.src.tar.xz) = ac9dc0353f5f6c47478c6e0911364e97676484a64b20eeba19eebac7728ac174f55d36a02e8a668a0959640cfddfbeb887b8a03dd1f6fbddede1ad446021149c
+SHA512 (llvm-12.0.1rc1.src.tar.xz.sig) = db2d38d60a64bfa18c58903c2423c3eeb6a6141d0ca5921afb0e1d6478be1a3d8720a3175369e930b19a65033350314328340707019bf359ab85f248478fdcfb