diff --git a/Gemfile.lock b/Gemfile.lock
index f5cdb693f95c45..848c9871f3f6ca 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -85,7 +85,7 @@ GEM
       colored2 (~> 3.1)
       nanaimo (~> 0.3.0)
       rexml (~> 3.2.4)
-    zeitwerk (2.6.0)
+    zeitwerk (2.6.1)
 
 PLATFORMS
   ruby
diff --git a/Libraries/Core/ReactNativeVersion.js b/Libraries/Core/ReactNativeVersion.js
index a613ba46f17c59..bebf8d405a9235 100644
--- a/Libraries/Core/ReactNativeVersion.js
+++ b/Libraries/Core/ReactNativeVersion.js
@@ -12,6 +12,6 @@
 exports.version = {
   major: 0,
   minor: 70,
-  patch: 1,
+  patch: 2,
   prerelease: null,
 };
diff --git a/React/Base/RCTVersion.m b/React/Base/RCTVersion.m
index eb3dff8e47ef2a..2b2fd624c61e0f 100644
--- a/React/Base/RCTVersion.m
+++ b/React/Base/RCTVersion.m
@@ -23,7 +23,7 @@
     __rnVersion = @{
                   RCTVersionMajor: @(0),
                   RCTVersionMinor: @(70),
-                  RCTVersionPatch: @(1),
+                  RCTVersionPatch: @(2),
                   RCTVersionPrerelease: [NSNull null],
                   };
   });
diff --git a/ReactAndroid/gradle.properties b/ReactAndroid/gradle.properties
index c0ea4eac19598d..629e6d96e07b8e 100644
--- a/ReactAndroid/gradle.properties
+++ b/ReactAndroid/gradle.properties
@@ -1,4 +1,4 @@
-VERSION_NAME=0.70.1
+VERSION_NAME=0.70.2
 GROUP=com.facebook.react
 
 POM_NAME=ReactNative
diff --git a/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java b/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
index 73a343e32328d6..40ca73dcfe2eda 100644
--- a/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
+++ b/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
@@ -17,6 +17,6 @@ public class ReactNativeVersion {
   public static final Map<String, Object> VERSION = MapBuilder.<String, Object>of(
       "major", 0,
       "minor", 70,
-      "patch", 1,
+      "patch", 2,
       "prerelease", null);
 }
diff --git a/ReactCommon/cxxreact/ReactNativeVersion.h b/ReactCommon/cxxreact/ReactNativeVersion.h
index 6a19589147949c..aa5d04ff18f2cd 100644
--- a/ReactCommon/cxxreact/ReactNativeVersion.h
+++ b/ReactCommon/cxxreact/ReactNativeVersion.h
@@ -17,7 +17,7 @@ namespace facebook::react {
 constexpr struct {
   int32_t Major = 0;
   int32_t Minor = 70;
-  int32_t Patch = 1;
+  int32_t Patch = 2;
   std::string_view Prerelease = "";
 } ReactNativeVersion;
 
diff --git a/package.json b/package.json
index f4e367fd6c8264..95488e88ad60a0 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-native",
-  "version": "0.70.1",
+  "version": "0.70.2",
   "bin": "./cli.js",
   "description": "A framework for building native apps using React",
   "license": "MIT",
diff --git a/template/package.json b/template/package.json
index 234084a1252fe9..41e593ed4b163b 100644
--- a/template/package.json
+++ b/template/package.json
@@ -11,7 +11,7 @@
   },
   "dependencies": {
     "react": "18.1.0",
-    "react-native": "0.70.1"
+    "react-native": "0.70.2"
   },
   "devDependencies": {
     "@babel/core": "^7.12.9",
diff --git a/yarn.lock b/yarn.lock
index 11a3811c65da17..390e135850cf47 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1175,6 +1175,14 @@
     "@types/yargs" "^16.0.0"
     chalk "^4.0.0"
 
+"@jridgewell/gen-mapping@^0.1.0":
+  version "0.1.1"
+  resolved "https://registry.yarnpkg.com/@jridgewell/gen-mapping/-/gen-mapping-0.1.1.tgz#e5d2e450306a9491e3bd77e323e38d7aff315996"
+  integrity sha512-sQXCasFk+U8lWYEe66WxRDOE9PjVz4vSM51fTu3Hw+ClTpUSQb718772vH3pyS5pShp6lvQM7SxgIDXXXmOX7w==
+  dependencies:
+    "@jridgewell/set-array" "^1.0.0"
+    "@jridgewell/sourcemap-codec" "^1.4.10"
+
 "@jridgewell/gen-mapping@^0.3.2":
   version "0.3.2"
   resolved "https://registry.yarnpkg.com/@jridgewell/gen-mapping/-/gen-mapping-0.3.2.tgz#c1aedc61e853f2bb9f5dfe6d4442d3b565b253b9"
@@ -1189,7 +1197,7 @@
   resolved "https://registry.yarnpkg.com/@jridgewell/resolve-uri/-/resolve-uri-3.0.3.tgz#b80093f4edbb5490c49746231513669c8f518acb"
   integrity sha512-fuIOnc81C5iRNevb/XPiM8Khp9bVjreydRQ37rt0C/dY0PAW1DRvEM3WrKX/5rStS5lbgwS0FCgqSndh9tvK5w==
 
-"@jridgewell/set-array@^1.0.1":
+"@jridgewell/set-array@^1.0.0", "@jridgewell/set-array@^1.0.1":
   version "1.1.2"
   resolved "https://registry.yarnpkg.com/@jridgewell/set-array/-/set-array-1.1.2.tgz#7c6cf998d6d20b914c0a55a91ae928ff25965e72"
   integrity sha512-xnkseuNADM0gt2bs+BvhO0p78Mk762YnZdsuzFV018NoG1Sj1SCQvpSqa7XUaTam5vAGasABV9qXASMKnFMwMw==
@@ -2538,6 +2546,11 @@ core-util-is@1.0.2:
   resolved "https://registry.yarnpkg.com/core-util-is/-/core-util-is-1.0.2.tgz#b5fd54220aa2bc5ab57aab7140c940754503c1a7"
   integrity sha1-tf1UIgqivFq1eqtxQMlAdUUDwac=
 
+core-util-is@~1.0.0:
+  version "1.0.3"
+  resolved "https://registry.yarnpkg.com/core-util-is/-/core-util-is-1.0.3.tgz#a6042d3634c2b27e9328f837b965fac83808db85"
+  integrity sha512-ZQBvi1DcpJ4GDqanjucZ2Hj3wEO5pZDS89BWbkcrvdxksJorwUDDZamX9ldFkp9aw2lmBDLgkObEA4DWNJ9FYQ==
+
 cosmiconfig@^5.0.5, cosmiconfig@^5.1.0:
   version "5.2.0"
   resolved "https://registry.yarnpkg.com/cosmiconfig/-/cosmiconfig-5.2.0.tgz#45038e4d28a7fe787203aede9c25bca4a08b12c8"
@@ -3898,7 +3911,7 @@ inflight@^1.0.4:
     once "^1.3.0"
     wrappy "1"
 
-inherits@2, inherits@^2.0.3, inherits@^2.0.4:
+inherits@2, inherits@^2.0.3, inherits@^2.0.4, inherits@~2.0.3:
   version "2.0.4"
   resolved "https://registry.yarnpkg.com/inherits/-/inherits-2.0.4.tgz#0fa2c64f932917c3433a0ded55363aae37416b7c"
   integrity sha512-k/vGaX4/Yla3WzyMCvTQOXYeIHvqOKtnqBduzTHpzpQZzAskKMhZ2K+EnBiSM9zGSoIFeMpXKxa4dYeZIQqewQ==
@@ -4218,10 +4231,10 @@ is-wsl@^2.2.0:
   dependencies:
     is-docker "^2.0.0"
 
-isarray@1.0.0:
+isarray@1.0.0, isarray@~1.0.0:
   version "1.0.0"
   resolved "https://registry.yarnpkg.com/isarray/-/isarray-1.0.0.tgz#bb935d48582cba168c06834957a54a3e07124f11"
-  integrity sha1-u5NdSFgsuhaMBoNJV6VKPgcSTxE=
+  integrity sha512-VLghIWNM6ELQzo7zwmcg0NmTVyWKYjvIeM83yjp0wRDTmUnrM678fQbcKBo6n2CJEF0szoG//ytg+TKla89ALQ==
 
 isexe@^2.0.0:
   version "2.0.0"
@@ -5761,7 +5774,7 @@ on-headers@~1.0.1:
   resolved "https://registry.yarnpkg.com/on-headers/-/on-headers-1.0.1.tgz#928f5d0f470d49342651ea6794b0857c100693f7"
   integrity sha1-ko9dD0cNSTQmUepnlLCFfBAGk/c=
 
-once@^1.3.0, once@^1.3.1:
+once@^1.3.0, once@^1.3.1, once@^1.4.0:
   version "1.4.0"
   resolved "https://registry.yarnpkg.com/once/-/once-1.4.0.tgz#583b1aa775961d4b113ac17d9c50baef9dd76bd1"
   integrity sha1-WDsap3WWHUsROsF9nFC6753Xa9E=
@@ -6042,6 +6055,11 @@ private@^0.1.8:
   resolved "https://registry.yarnpkg.com/private/-/private-0.1.8.tgz#2381edb3689f7a53d653190060fcf822d2f368ff"
   integrity sha512-VvivMrbvd2nKkiG38qjULzlc+4Vx4wm/whI9pQD35YrARNnhxeiRktSOhSukRLFNlzg6Br/cJPet5J/u19r/mg==
 
+process-nextick-args@~2.0.0:
+  version "2.0.1"
+  resolved "https://registry.yarnpkg.com/process-nextick-args/-/process-nextick-args-2.0.1.tgz#7820d9b16120cc55ca9ae7792680ae7dba6d7fe2"
+  integrity sha512-3ouUOpQhtgrbOa17J7+uxOTpITYWaGP7/AhoR3+A+/1e9skrzelGi/dXzEYyvbxubEF6Wn2ypscTKiKJFFn1ag==
+
 progress@^2.0.0:
   version "2.0.0"
   resolved "https://registry.yarnpkg.com/progress/-/progress-2.0.0.tgz#8a1be366bf8fc23db2bd23f10c6fe920b4389d1f"
@@ -6505,7 +6523,7 @@ rxjs@^6.6.0:
   dependencies:
     tslib "^1.9.0"
 
-safe-buffer@5.1.2, safe-buffer@~5.1.1:
+safe-buffer@5.1.2, safe-buffer@~5.1.0, safe-buffer@~5.1.1:
   version "5.1.2"
   resolved "https://registry.yarnpkg.com/safe-buffer/-/safe-buffer-5.1.2.tgz#991ec69d296e0313747d59bdfd2b745c35f8828d"
   integrity sha512-Gd2UZBJDkXlY7GbJxfsE8/nvKkUEU1G38c1siN6QP6a9PT9MmHB8GnpscSmMJSoF8LOIrt8ud/wPtojys4G6+g==
@@ -6981,6 +6999,13 @@ string_decoder@^1.1.1:
   dependencies:
     safe-buffer "~5.2.0"
 
+string_decoder@~1.1.1:
+  version "1.1.1"
+  resolved "https://registry.yarnpkg.com/string_decoder/-/string_decoder-1.1.1.tgz#9cf1611ba62685d7030ae9e4ba34149c3af03fc8"
+  integrity sha512-n/ShnvDi6FHbbVfviro+WojiFzv+s8MPMHBczVePfUpDJLwoLT0ht1l4YwBCbi8pJAveEEdnkHyPyTP/mzRfwg==
+  dependencies:
+    safe-buffer "~5.1.0"
+
 strip-ansi@^5.0.0, strip-ansi@^5.2.0:
   version "5.2.0"
   resolved "https://registry.yarnpkg.com/strip-ansi/-/strip-ansi-5.2.0.tgz#8c9a536feb6afc962bdfa5b104a5091c1ad9c0ae"
@@ -7372,7 +7397,7 @@ use@^3.1.0:
   resolved "https://registry.yarnpkg.com/use/-/use-3.1.1.tgz#d50c8cac79a19fbc20f2911f56eb973f4e10070f"
   integrity sha512-cwESVXlO3url9YWlFW/TA9cshCEhtu7IKJ/p5soJ/gGpj7vbvFrAY/eIioQ6Dw23KjZhYgiIo8HOs1nQ2vr/oQ==
 
-util-deprecate@^1.0.1:
+util-deprecate@^1.0.1, util-deprecate@~1.0.1:
   version "1.0.2"
   resolved "https://registry.yarnpkg.com/util-deprecate/-/util-deprecate-1.0.2.tgz#450d4dc9fa70de732762fbd2d4a28981419a0ccf"
   integrity sha1-RQ1Nyfpw3nMnYvvS1KKJgUGaDM8=