diff --git a/meta-oe/recipes-devtools/squashfs-tools-ng/squashfs-tools-ng_1.1.4.bb b/meta-oe/recipes-devtools/squashfs-tools-ng/squashfs-tools-ng_1.2.0.bb
similarity index 86%
rename from meta-oe/recipes-devtools/squashfs-tools-ng/squashfs-tools-ng_1.1.4.bb
rename to meta-oe/recipes-devtools/squashfs-tools-ng/squashfs-tools-ng_1.2.0.bb
index c57324d89c..880af82bba 100644
--- a/meta-oe/recipes-devtools/squashfs-tools-ng/squashfs-tools-ng_1.1.4.bb
+++ b/meta-oe/recipes-devtools/squashfs-tools-ng/squashfs-tools-ng_1.2.0.bb
@@ -1,18 +1,17 @@
 SUMMARY = "New set of tools for working with SquashFS images"
 SECTION = "base"
-LICENSE = "GPL-3.0-or-later & LGPL-3.0-or-later & MIT & BSD-2-Clause & Zlib"
-LIC_FILES_CHKSUM = "file://COPYING.md;md5=5789fb0572753ed69014cd90a445cd74 \
+LICENSE = "GPL-3.0-or-later & LGPL-3.0-or-later & MIT & BSD-2-Clause"
+LIC_FILES_CHKSUM = "file://COPYING.md;md5=a709b68f1ce8a9f10aeea6401446c1f4 \
                     file://licenses/GPLv3.txt;md5=1ebbd3e34237af26da5dc08a4e440464 \
                     file://licenses/hash_table.txt;md5=874823605326caeaabaa95bfbd0f9fb0 \
                     file://licenses/LGPLv3.txt;md5=3000208d539ec061b899bce1d9ce9404 \
                     file://licenses/LZ4.txt;md5=ebc2ea4814a64de7708f1571904b32cc \
                     file://licenses/xxhash.txt;md5=f042a9be092bd6d7fe6f217d8d00f4ca \
                     file://licenses/xz.txt;md5=1c389b9610ccfdb25f7abaea6a0bb5a4 \
-                    file://licenses/zlib.txt;md5=ae27c72096606131f760e5f59cf98b06 \
                     file://licenses/zstd.txt;md5=8df8137b630239cbdd4c0674124cb0c8 \
                     "
 
-SRCREV = "7667b84cc34707c28ca0db8d24f046ec34e8c25d"
+SRCREV = "f2a3ad56e40c9711b23371238f9fa07dd24245f1"
 SRC_URI = "git://github.com/AgentD/squashfs-tools-ng.git;protocol=https;branch=master"
 
 S = "${WORKDIR}/git"