diff --git a/CMakeLists.txt b/CMakeLists.txt
index fb8958545..304471530 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,6 +1,6 @@
 #  SPDX-License-Identifier: Apache-2.0
 #  ----------------------------------------------------------------------------
-#  Copyright 2020-2023 Arm Limited
+#  Copyright 2020-2024 Arm Limited
 #
 #  Licensed under the Apache License, Version 2.0 (the "License"); you may not
 #  use this file except in compliance with the License. You may obtain a copy
@@ -24,7 +24,7 @@ if(MSVC)
     add_compile_options("/wd4324") # Disable structure was padded due to alignment specifier
 endif()
 
-project(astcencoder VERSION 4.6.1)
+project(astcencoder VERSION 4.7.0)
 
 set(CMAKE_CXX_STANDARD 14)
 set(CMAKE_CXX_STANDARD_REQUIRED ON)
diff --git a/Docs/ChangeLog-4x.md b/Docs/ChangeLog-4x.md
index 887f9c08b..4450a490b 100644
--- a/Docs/ChangeLog-4x.md
+++ b/Docs/ChangeLog-4x.md
@@ -9,17 +9,27 @@ clocked at 4.2 GHz, running `astcenc` using AVX2 and 6 threads.
 <!-- ---------------------------------------------------------------------- -->
 ## 4.7.0
 
-**Status:** TBD
+**Status:** January 2024
 
-The 4.7.0 release is a maintenance release.
+The 4.7.0 release is a major maintenance release, fixing rounding behavior in
+the decompressor to match the Khronos specification. This fix includes the
+addition of explicit support for optimizing for `decode_unorm8` rounding.
+
+Reminder - the codec library API is not designed to be binary compatible across
+versions. We always recommend rebuilding your client-side code using the updated
+`astcenc.h` header.
 
 * **General:**
-  * **Bug fix:** sRGB LDR decompression now uses correct `decode_fp16` decode
-    mode rounding rules for the alpha channel.
-  * **Bug fix:** Linear LDR decompression now uses correct `decode_unorm8`
-    decode mode rounding rules when writing to an 8-bit output image.
-  * **Bug fix:** Avoid using `alignas()` the reference C implementation, as the
-    default `alignas(16)` is narrower than the native alignment on some CPUs.
+  * **Bug fix:** sRGB LDR decompression now uses the correct endpoint expansion
+    method to create the 16-bit RGB endpoint colors, and removes the previous
+    correction code from the interpolation function. This bug could result in
+    LSB bit flips relative to the standard specification.
+  * **Bug fix:** Decompressing to an 8-bit per component output image now matches
+    the `decode_unorm8` extension rounding rules. This bug could result in
+    LSB bit flips relative to the standard specification.
+  * **Bug fix:** Code now avoids using `alignas()` in the reference C
+    implementation, as the  default `alignas(16)` is narrower than the
+    native minimum alignment requirement on some CPUs.
   * **Feature:** Library configuration supports a new flag,
     `ASTCENC_FLG_USE_DECODE_UNORM8`. This flag indicates that the image will be
     used with the `decode_unorm8` decode mode. When set during compression
@@ -30,7 +40,7 @@ The 4.7.0 release is a maintenance release.
     decode mode. This option will automatically be set for decompression
     (`-d*`) and trial (`-t*`) tool operation if the decompressed output image
     is stored to an 8-bit per component file format. This option must be set
-    maually for compression (`-c*`) tool operation, as the desired decode mode
+    manually for compression (`-c*`) tool operation, as the desired decode mode
     cannot be reliably determined.
   * **Feature:** Library configuration supports a new optional progress
     reporting callback to be specified. This is called during compression to
@@ -49,7 +59,7 @@ large core count Windows systems.
 * **General:**
   * **Optimization:** Windows builds of the `astcenc` command line tool can now
     use more than 64 cores on large core count systems. This change doubled
-    command line performance for `-exhastive` compression when testing on an
+    command line performance for `-exhaustive` compression when testing on an
     96 core/192 thread system.
   * **Feature:** Windows Arm64 native builds of the `astcenc` command line tool
     are now included in the prebuilt release binaries.
@@ -385,4 +395,4 @@ Key for charts:
 
 - - -
 
-_Copyright © 2022-2023, Arm Limited and contributors. All rights reserved._
+_Copyright © 2022-2024, Arm Limited and contributors. All rights reserved._
diff --git a/Source/astcenc_compress_symbolic.cpp b/Source/astcenc_compress_symbolic.cpp
index b0890e1b0..98d249512 100644
--- a/Source/astcenc_compress_symbolic.cpp
+++ b/Source/astcenc_compress_symbolic.cpp
@@ -1237,8 +1237,6 @@ void compress_block(
 			vfloat4 color_f32 = clamp(0.0f, 1.0f, blk.origin_texel) * 65535.0f;
 			vint4 color_u16 = float_to_int_rtn(color_f32);
 			store(color_u16, scb.constant_color);
-
-			// TODO: Check this encodes correctly for decode_unorm8
 		}
 
 		trace_add_data("exit", "quality hit");