diff --git a/VERSION b/VERSION
index de4dd5c4e..f987ae52f 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-7.2.0.beta2
+7.2.0.beta1
diff --git a/activerecord-sqlserver-adapter.gemspec b/activerecord-sqlserver-adapter.gemspec
index 3e71c7422..53193d205 100644
--- a/activerecord-sqlserver-adapter.gemspec
+++ b/activerecord-sqlserver-adapter.gemspec
@@ -27,6 +27,6 @@ Gem::Specification.new do |spec|
   spec.test_files    = spec.files.grep(%r{^(test|spec|features)/})
   spec.require_paths = ["lib"]
 
-  spec.add_dependency "activerecord", "~> 7.2.0.beta2"
+  spec.add_dependency "activerecord", "~> 7.2.0.beta3"
   spec.add_dependency "tiny_tds"
 end