diff --git a/META b/META
index 1a9c671fe..42f65290e 100644
--- a/META
+++ b/META
@@ -1,8 +1,8 @@
 Meta:          1
 Name:          zfs
 Branch:        1.0
-Version:       2.3.99
-Release:       1
+Version:       2.4.0
+Release:       rc1
 Release-Tags:  relext
 License:       CDDL
 Author:        OpenZFS