diff --git a/CHANGELOG.md b/CHANGELOG.md
index f76803ab..13ea8078 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,10 +7,6 @@ and this project adheres to [Semantic Versioning](http://semver.org/).
 
 ## [Unreleased]
 
-- [#786]: `defmt-test`: Exit with semihosting exit
-
-[#786]: https://github.com/knurling-rs/defmt/pull/786
-
 ## defmt-decoder v0.3.9, defmt-print v0.3.10 - 2023-10-04
 
 - [#784]: `defmt-decoder`: Prepare `defmt-decoder v0.3.9` release
diff --git a/firmware/defmt-test/CHANGELOG.md b/firmware/defmt-test/CHANGELOG.md
index 304fc4f7..3bbef6e0 100644
--- a/firmware/defmt-test/CHANGELOG.md
+++ b/firmware/defmt-test/CHANGELOG.md
@@ -1,11 +1,19 @@
 # [Unreleased]
 
+# [v0.3.1]
+
+- [#786]: `defmt-test`: Exit with semihosting exit
 - [#698] Expose number of tests with `DEFMT_TEST_COUNT` symbol in test artifact for other tools to pick up
 - [#696] Add `#[before_each]` and `#[after_each]` attributes
 
+[#786]: https://github.com/knurling-rs/defmt/pull/786
 [#698]: https://github.com/knurling-rs/defmt/pull/698
 [#696]: https://github.com/knurling-rs/defmt/pull/696
 
+# [v0.3.0]
+
+No changes.
+
 # [v0.2.3]
 
 - [#441] Support more items in `#[tests]` modules
diff --git a/firmware/defmt-test/Cargo.toml b/firmware/defmt-test/Cargo.toml
index 54b7bdeb..8dae5137 100644
--- a/firmware/defmt-test/Cargo.toml
+++ b/firmware/defmt-test/Cargo.toml
@@ -8,7 +8,7 @@ license = "MIT OR Apache-2.0"
 name = "defmt-test"
 readme = "README.md"
 repository = "https://github.com/knurling-rs/defmt"
-version = "0.3.0"
+version = "0.3.1"
 
 [dependencies]
 cortex-m-rt = "0.7"