diff --git a/Makefile b/Makefile
index 187196c..541e942 100644
--- a/Makefile
+++ b/Makefile
@@ -3,7 +3,7 @@
 VERSION = 2022
 PATCHLEVEL = 10
 SUBLEVEL =
-EXTRAVERSION = -rc2
+EXTRAVERSION = -rc3
 NAME =
 
 # *DOCUMENTATION*
diff --git a/doc/develop/release_cycle.rst b/doc/develop/release_cycle.rst
index 2a8f797..b75576c 100644
--- a/doc/develop/release_cycle.rst
+++ b/doc/develop/release_cycle.rst
@@ -50,8 +50,7 @@
 
 * U-Boot v2022.07 was released on Mon 11 July 2022.
 
-* The Merge Window for the next release (v2022.10) is **open** until -rc1
-  release on Mon 25 July 2022.
+* The Merge Window for the next release (v2022.10) is **closed**.
 
 * Release "v2022.10" is scheduled for 03 Oct 2022.
 
@@ -67,7 +66,7 @@
 
 * U-Boot v2022.10-rc2 was released on Mon 08 August 2022.
 
-.. * U-Boot v2022.10-rc3 was released on Mon 22 August 2022.
+* U-Boot v2022.10-rc3 was released on Mon 22 August 2022.
 
 .. * U-Boot v2022.10-rc4 was released on Mon 05 September 2022.