diff --git a/package-lock.json b/package-lock.json
index e2a875e89a92a..7e20ec0fa393d 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -55127,7 +55127,7 @@
 		},
 		"packages/react-native-aztec": {
 			"name": "@wordpress/react-native-aztec",
-			"version": "1.119.1",
+			"version": "1.120.0",
 			"license": "GPL-2.0-or-later",
 			"dependencies": {
 				"@wordpress/element": "file:../element",
@@ -55144,7 +55144,7 @@
 		},
 		"packages/react-native-bridge": {
 			"name": "@wordpress/react-native-bridge",
-			"version": "1.119.1",
+			"version": "1.120.0",
 			"license": "GPL-2.0-or-later",
 			"dependencies": {
 				"@wordpress/react-native-aztec": "file:../react-native-aztec"
@@ -55159,7 +55159,7 @@
 		},
 		"packages/react-native-editor": {
 			"name": "@wordpress/react-native-editor",
-			"version": "1.119.1",
+			"version": "1.120.0",
 			"hasInstallScript": true,
 			"license": "GPL-2.0-or-later",
 			"dependencies": {
diff --git a/packages/react-native-aztec/package.json b/packages/react-native-aztec/package.json
index dd290b47c435d..0c870edf7e5ea 100644
--- a/packages/react-native-aztec/package.json
+++ b/packages/react-native-aztec/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@wordpress/react-native-aztec",
-	"version": "1.119.1",
+	"version": "1.120.0",
 	"description": "Aztec view for react-native.",
 	"private": true,
 	"author": "The WordPress Contributors",
diff --git a/packages/react-native-bridge/package.json b/packages/react-native-bridge/package.json
index 3921901d8ac03..c66c65cb8866a 100644
--- a/packages/react-native-bridge/package.json
+++ b/packages/react-native-bridge/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@wordpress/react-native-bridge",
-	"version": "1.119.1",
+	"version": "1.120.0",
 	"description": "Native bridge library used to integrate the block editor into a native App.",
 	"private": true,
 	"author": "The WordPress Contributors",
diff --git a/packages/react-native-editor/CHANGELOG.md b/packages/react-native-editor/CHANGELOG.md
index e57e671931567..44f5b63bd1f4d 100644
--- a/packages/react-native-editor/CHANGELOG.md
+++ b/packages/react-native-editor/CHANGELOG.md
@@ -10,6 +10,8 @@ For each user feature we should also add a importance categorization label  to i
 -->
 
 ## Unreleased
+
+## 1.120.0
 -   [*] Prevent deleting content when backspacing in the first Paragraph block [#62069]
 -   [internal] Adds new bridge functionality for updating content  [#61796]
 
diff --git a/packages/react-native-editor/ios/Podfile.lock b/packages/react-native-editor/ios/Podfile.lock
index 86405ca4eacfc..9407c238841aa 100644
--- a/packages/react-native-editor/ios/Podfile.lock
+++ b/packages/react-native-editor/ios/Podfile.lock
@@ -13,7 +13,7 @@ PODS:
     - ReactCommon/turbomodule/core (= 0.73.3)
   - fmt (6.2.1)
   - glog (0.3.5)
-  - Gutenberg (1.119.1):
+  - Gutenberg (1.120.0):
     - React-Core (= 0.73.3)
     - React-CoreModules (= 0.73.3)
     - React-RCTImage (= 0.73.3)
@@ -1109,7 +1109,7 @@ PODS:
     - React-Core
   - RNSVG (14.0.0):
     - React-Core
-  - RNTAztecView (1.119.1):
+  - RNTAztecView (1.120.0):
     - React-Core
     - WordPress-Aztec-iOS (= 1.19.11)
   - SDWebImage (5.11.1):
@@ -1343,7 +1343,7 @@ SPEC CHECKSUMS:
   FBReactNativeSpec: 73b3972e2bd20b3235ff2014f06a3d3af675ed29
   fmt: ff9d55029c625d3757ed641535fd4a75fedc7ce9
   glog: c5d68082e772fa1c511173d6b30a9de2c05a69a2
-  Gutenberg: be04e16bda9f59460f938d9c3f1248778df0368f
+  Gutenberg: 0d15c3a0b8aace231a954709a536580d7905c867
   hermes-engine: 5420539d016f368cd27e008f65f777abd6098c56
   libevent: 4049cae6c81cdb3654a443be001fb9bdceff7913
   libwebp: 60305b2e989864154bd9be3d772730f08fc6a59c
@@ -1402,7 +1402,7 @@ SPEC CHECKSUMS:
   RNReanimated: 6936b41d8afb97175e7c0ab40425b53103f71046
   RNScreens: 2b73f5eb2ac5d94fbd61fa4be0bfebd345716825
   RNSVG: 255767813dac22db1ec2062c8b7e7b856d4e5ae6
-  RNTAztecView: 268a6489f223c3a91afa2ba5ee7bef82df900c69
+  RNTAztecView: 3a1df2dd827082d22a4dd06b6031e2fefd2885c6
   SDWebImage: a7f831e1a65eb5e285e3fb046a23fcfbf08e696d
   SDWebImageWebPCoder: 908b83b6adda48effe7667cd2b7f78c897e5111d
   SocketRocket: f32cd54efbe0f095c4d7594881e52619cfe80b17
diff --git a/packages/react-native-editor/package.json b/packages/react-native-editor/package.json
index c131e7caf1f77..6e6a52a0817e5 100644
--- a/packages/react-native-editor/package.json
+++ b/packages/react-native-editor/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@wordpress/react-native-editor",
-	"version": "1.119.1",
+	"version": "1.120.0",
 	"description": "Mobile WordPress gutenberg editor.",
 	"author": "The WordPress Contributors",
 	"license": "GPL-2.0-or-later",