diff --git a/package.json b/package.json
index 490ea811783cf9..1f6e4deaa79291 100644
--- a/package.json
+++ b/package.json
@@ -128,7 +128,7 @@
     "use-sync-external-store": "^1.0.0",
     "whatwg-fetch": "^3.0.0",
     "ws": "^6.1.4",
-    "react-native-codegen": "^0.70.4"
+    "react-native-codegen": "^0.70.5"
   },
   "devDependencies": {
     "flow-bin": "^0.182.0",
@@ -191,4 +191,4 @@
       }
     ]
   }
-}
\ No newline at end of file
+}
diff --git a/packages/react-native-codegen/package.json b/packages/react-native-codegen/package.json
index 52745815d442a0..3e5adf87e95e35 100644
--- a/packages/react-native-codegen/package.json
+++ b/packages/react-native-codegen/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-native-codegen",
-  "version": "0.70.4",
+  "version": "0.70.5",
   "description": "⚛️ Code generation tools for React Native",
   "homepage": "https://github.com/facebook/react-native/tree/HEAD/packages/react-native-codegen",
   "repository": {
diff --git a/repo-config/package.json b/repo-config/package.json
index 9531a4b35a7009..51016b24afd44a 100644
--- a/repo-config/package.json
+++ b/repo-config/package.json
@@ -44,7 +44,7 @@
     "mkdirp": "^0.5.1",
     "prettier": "^2.4.1",
     "react": "18.1.0",
-    "react-native-codegen": "^0.70.4",
+    "react-native-codegen": "^0.70.5",
     "react-test-renderer": "18.1.0",
     "shelljs": "^0.8.5",
     "signedsource": "^1.0.0",
diff --git a/yarn.lock b/yarn.lock
index dd3585f7ff0d0b..b9cf076f30e1a7 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -5335,11 +5335,6 @@ mkdirp@^0.5.1:
   dependencies:
     minimist "0.0.8"
 
-mock-fs@^5.1.4:
-  version "5.1.4"
-  resolved "https://registry.yarnpkg.com/mock-fs/-/mock-fs-5.1.4.tgz#d64dc37b2793613ca7148b510b1167b5b8afb6b8"
-  integrity sha512-sudhLjCjX37qWIcAlIv1OnAxB2wI4EmXByVuUjILh1rKGNGpGU8GNnzw+EAbrhdpBe0TL/KONbK1y3RXZk8SxQ==
-
 ms@2.0.0:
   version "2.0.0"
   resolved "https://registry.yarnpkg.com/ms/-/ms-2.0.0.tgz#5608aeadfc00be6c2901df5f9861788de0d597c8"
@@ -5965,7 +5960,7 @@ react-is@^17.0.1:
   resolved "https://registry.yarnpkg.com/react-is/-/react-is-17.0.2.tgz#e691d4a8e9c789365655539ab372762b0efb54f0"
   integrity sha512-w2GsyukL62IJnlaff/nRegPQR94C/XXamvMWmSHRJ4y7Ts/4ocGRmTHvOs8PSE6pB3dWOrD/nueuU5sduBsQ4w==
 
-react-native-codegen@*, react-native-codegen@^0.70.4:
+react-native-codegen@*:
   version "0.70.4"
   resolved "https://registry.yarnpkg.com/react-native-codegen/-/react-native-codegen-0.70.4.tgz#10a02cd9a3e9ead922305c13b9940a048b69d165"
   integrity sha512-bPyd5jm840omfx24VRyMP+KPzAefpRDwE18w5ywMWHCWZBSqLn1qI9WgBPnavlIrjTEuzxznWQNcaA26lw8AMQ==
@@ -5975,6 +5970,16 @@ react-native-codegen@*, react-native-codegen@^0.70.4:
     jscodeshift "^0.13.1"
     nullthrows "^1.1.1"
 
+react-native-codegen@^0.70.5:
+  version "0.70.5"
+  resolved "https://registry.yarnpkg.com/react-native-codegen/-/react-native-codegen-0.70.5.tgz#afcfec394fc9357d870452eace5c7550e6ac403f"
+  integrity sha512-vXqgCWWIWlzsCtwD6hbmwmCleGNJYm+n4xO9VMfzzlF3xt9gjC7/USSMTf/YZlCK/hDwQU412QrNS6A9OH+mag==
+  dependencies:
+    "@babel/parser" "^7.14.0"
+    flow-parser "^0.121.0"
+    jscodeshift "^0.13.1"
+    nullthrows "^1.1.1"
+
 react-native-gradle-plugin@^0.70.2:
   version "0.70.2"
   resolved "https://registry.yarnpkg.com/react-native-gradle-plugin/-/react-native-gradle-plugin-0.70.2.tgz#b5130f2c196e27c4c5912706503d69b8790f1937"