diff --git a/bertopic/__init__.py b/bertopic/__init__.py
index d540dbc9..7342d8b1 100644
--- a/bertopic/__init__.py
+++ b/bertopic/__init__.py
@@ -1,6 +1,6 @@
 from bertopic._bertopic import BERTopic
 
-__version__ = "0.16.1"
+__version__ = "0.16.2"
 
 __all__ = [
     "BERTopic",
diff --git a/docs/changelog.md b/docs/changelog.md
index 783bbdd0..f27500d1 100644
--- a/docs/changelog.md
+++ b/docs/changelog.md
@@ -5,6 +5,20 @@ hide:
 
 # Changelog
 
+## **Version 0.16.2**
+*Release date: 12 May, 2024*
+
+<h3><b>Fixes:</a></b></h3>
+
+* Fix issue with zeroshot topic modeling missing outlier [#1957](https://github.com/MaartenGr/BERTopic/issues/1957)
+* Bump github actions versions by [@afuetterer](https://github.com/afuetterer) in [#1941](https://github.com/MaartenGr/BERTopic/pull/1941)
+* Drop support for python 3.7 by [@afuetterer](https://github.com/afuetterer) in [#1949](https://github.com/MaartenGr/BERTopic/pull/1949)
+* Add testing python 3.10+ in Github actions by [@afuetterer](https://github.com/afuetterer) in [#1968](https://github.com/MaartenGr/BERTopic/pull/1968)
+* Speed up fitting CountVectorizer by [@dannywhuang](https://github.com/dannywhuang) in [#1938](https://github.com/MaartenGr/BERTopic/pull/1938)
+* Fix `transform` when using cuML HDBSCAN by [@beckernick](https://github.com/beckernick) in [#1960](https://github.com/MaartenGr/BERTopic/pull/1960)
+* Fix wrong link in algorithm documentation by [@naeyn](https://github.com/naeyn) in [#1970](https://github.com/MaartenGr/BERTopic/pull/1970)
+
+
 ## **Version 0.16.1**
 *Release date: 21 April, 2024*
 
diff --git a/setup.py b/setup.py
index 8698049c..7e76d7d1 100644
--- a/setup.py
+++ b/setup.py
@@ -63,7 +63,7 @@
 setup(
     name="bertopic",
     packages=find_packages(exclude=["notebooks", "docs"]),
-    version="0.16.1",
+    version="0.16.2",
     author="Maarten P. Grootendorst",
     author_email="maartengrootendorst@gmail.com",
     description="BERTopic performs topic Modeling with state-of-the-art transformer models.",