diff --git a/README.md b/README.md
index 1265de8..faf4b8d 100644
--- a/README.md
+++ b/README.md
@@ -27,11 +27,21 @@ To learn more about openBalena, visit [balena.io/open][open-balena-website].
 
 ## Getting Started
 
-Our [Getting Started][getting-started] guide is the most direct path to getting
+Our [Getting Started guide][getting-started] is the most direct path to getting
 an openBalena installation up and running and successfully deploying your
 application to your device(s).
 
-> **IMPORTANT:** Due to changes in [balenaOS][balena-os], only versions up to and including `2.49.0` are currently supported. Additionally, only [balenaCLI](balena-cli) versions `<v12.2.2` are fully supported at the moment.
+
+## Compatibility
+
+The current release of openBalena has the following minimum version requirements:
+
+- balenaOS v2.58.3
+- balena CLI v12.23.4
+
+If you are updating from previous openBalena versions, ensure you update the balena
+CLI and reprovision any devices to at least the minimum required versions in order
+for them to be fully compatible with this release, as some features may not work.
 
 
 ## Documentation
diff --git a/compose/versions b/compose/versions
index fe971ac..f0c7f36 100644
--- a/compose/versions
+++ b/compose/versions
@@ -1,6 +1,6 @@
-export OPENBALENA_API_VERSION_TAG=v0.19.5
-export OPENBALENA_DB_VERSION_TAG=v2.0.3
-export OPENBALENA_MDNS_PUBLISHER_VERSION_TAG=v1.6.2
-export OPENBALENA_REGISTRY_VERSION_TAG=v2.11.1
-export OPENBALENA_S3_VERSION_TAG=v2.8.5
-export OPENBALENA_VPN_VERSION_TAG=v8.10.0
+export OPENBALENA_API_VERSION_TAG=v0.105.0
+export OPENBALENA_DB_VERSION_TAG=v4.1.0
+export OPENBALENA_MDNS_PUBLISHER_VERSION_TAG=v1.7.9
+export OPENBALENA_REGISTRY_VERSION_TAG=v2.13.11
+export OPENBALENA_S3_VERSION_TAG=v2.9.9
+export OPENBALENA_VPN_VERSION_TAG=v9.16.1