diff --git a/NEWS b/NEWS
index 3ff43c5aeb12fa23d74d2ed037069b30eeefccd5..95cf41da4d28e4226e074d9288ff0df334977c3e 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,16 @@
+47.3
+====
+* Fix Escape handling in run dialog [Florian; !3585]
+* Fix custom text-scaling-factor getting reset [Matthijs; !3574]
+* Tweak ibus candidate popover appearance [AuralRay; !3584]
+* Misc. bug fixes and cleanups [Florian, Bilal, Michel, Bartłomiej, Alberto,
+  AsciiWolf, Jakub; !3563, !3547, !3573, !3525, !3572, !3580, !3578, !3576,
+  !3579, !3589, !3587, !3593]
+
+Contributors:
+  AsciiWolf, AuralRay, Michel Dänzer, Bilal Elmoussaoui, Florian Müllner,
+  Bartłomiej Piotrowski, Alberto Ruiz, Jakub Steiner, Matthijs Velsink
+
 47.2
 ====
 * Fix graphical artifacts in partially-rounded buttons [Sebastian; #7996]
diff --git a/js/misc/util.js b/js/misc/util.js
index 0dbb97b2ecaf6b89c1cfcc6d45793c9f975ebb70..517ff5784f34d52347ce0e06a49394970606b2f0 100644
--- a/js/misc/util.js
+++ b/js/misc/util.js
@@ -160,17 +160,7 @@ export function trySpawn(argv) {
  * fails, this will throw an error.
  */
 export function trySpawnCommandLine(commandLine) {
-    let success_, argv;
-
-    try {
-        [success_, argv] = GLib.shell_parse_argv(commandLine);
-    } catch (err) {
-        // Replace "Error invoking GLib.shell_parse_argv: " with
-        // something nicer
-        err.message = err.message.replace(/[^:]*: /, `${_('Could not parse command:')}\n`);
-        throw err;
-    }
-
+    const [, argv] = GLib.shell_parse_argv(commandLine);
     trySpawn(argv);
 }
 
diff --git a/meson.build b/meson.build
index 69d5e2a92ba6d4ce53194cfad92b10610ca6f54e..08c10067866afeb4eac74b6f37a730638765e88d 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('gnome-shell', 'c',
-  version: '47.2',
+  version: '47.3',
   meson_version: '>= 0.58.0',
   license: 'GPL-2.0-or-later',
 )
diff --git a/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in b/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in
index 74391d525d0bbdd1e1b8dda2732036c44d9a9410..e9635af7d15dde224af32a0fc64acedab6354e77 100644
--- a/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in
+++ b/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in
@@ -55,6 +55,7 @@
   </description>
 
   <releases>
+    <release version="47.3" date="2025-01-10"/>
     <release version="47.2" date="2024-11-23"/>
     <release version="47.1" date="2024-10-19"/>
     <release version="47.0" date="2024-09-14"/>
diff --git a/subprojects/extensions-app/meson.build b/subprojects/extensions-app/meson.build
index 887cc60b6e5a6cc3fa98deaaf1fb0943bc747da0..4d5c358c1bf246c9ac876c5ff8e177e0aa0d4e75 100644
--- a/subprojects/extensions-app/meson.build
+++ b/subprojects/extensions-app/meson.build
@@ -1,5 +1,5 @@
 project('gnome-extensions-app',
-  version: '47.2',
+  version: '47.3',
   meson_version: '>= 0.58.0',
   license: 'GPL-2.0-or-later',
 )
diff --git a/subprojects/extensions-tool/meson.build b/subprojects/extensions-tool/meson.build
index 58de1cc9e15ef83ab82a5f08144fe3436581d457..9ad8ce7d934588bcad470344d9f036cafe0d3c93 100644
--- a/subprojects/extensions-tool/meson.build
+++ b/subprojects/extensions-tool/meson.build
@@ -1,5 +1,5 @@
 project('gnome-extensions-tool', 'c',
-  version: '47.2',
+  version: '47.3',
   meson_version: '>= 0.58.0',
   license: 'GPL-2.0-or-later',
 )
diff --git a/subprojects/shew/meson.build b/subprojects/shew/meson.build
index 1bcb1f22400108905bc6b32b3b4768e54cdd60ea..a12afd101cc9e08a34d7881a9c65342a0274b591 100644
--- a/subprojects/shew/meson.build
+++ b/subprojects/shew/meson.build
@@ -1,5 +1,5 @@
 project('shew', 'c',
-  version: '47.2',
+  version: '47.3',
   meson_version: '>= 0.58.0',
   license: 'LGPL-2.1-or-later',
 )