diff --git a/DESCRIPTION b/DESCRIPTION
index 44bea2e3b..55075ac81 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: formatters
 Title: ASCII Formatting for Values and Tables
-Version: 0.5.3.9005
+Version: 0.5.4
 Date: 2023-10-18
 Authors@R: c(
     person("Gabriel", "Becker", , "gabembecker@gmail.com", role = "aut",
diff --git a/NEWS.md b/NEWS.md
index d6e8cb311..a735b4994 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,7 +1,9 @@
-## formatters 0.5.3.9005
+## formatters 0.5.4
  * Fixed a bug in `paginate_to_mpfs()` so that formatting in listings key columns is retained with pagination [`insightsengineering/rlistings#155`](https://github.com/insightsengineering/rlistings/issues/155).
  * Improved error message for pagination when `cpp` or `lpp` is too small in comparison to the column or row widths.
  * Added full support of newline characters in any part of `rtables` objects.
+ * Modified default vertical alignment for top left information to bottom.
+ * Rework of `wrap_string` so to allow space characters to be used and wrapped.
 
 ## formatters 0.5.3
  * Decimal alignment now throws informative error if scientific notation is used.