diff --git a/0001-Remove-optional-or-unpackaged-test-deps.patch b/0001-Remove-optional-or-unpackaged-test-deps.patch
index 2801dbb..5e6dce3 100644
--- a/0001-Remove-optional-or-unpackaged-test-deps.patch
+++ b/0001-Remove-optional-or-unpackaged-test-deps.patch
@@ -14,7 +14,7 @@ index 9eee792..fbe95f5 100644
 @@ -37,21 +37,11 @@ exclude =
  [options.extras_require]
  testing = 
- 	pytest >= 4.6
+ 	pytest >= 6
 -	pytest-checkdocs >= 2.4
 -	pytest-flake8
 -	pytest-black >= 0.3.7; \
diff --git a/python-setuptools.spec b/python-setuptools.spec
index b5b2154..fe75dd5 100644
--- a/python-setuptools.spec
+++ b/python-setuptools.spec
@@ -25,7 +25,7 @@
 
 Name:           python-setuptools
 # When updating, update the bundled libraries versions bellow!
-Version:        58.2.0
+Version:        58.5.3
 Release:        1%{?dist}
 Summary:        Easily build and distribute Python packages
 # setuptools is MIT
@@ -34,9 +34,7 @@ Summary:        Easily build and distribute Python packages
 # ordered-set is MIT
 # packaging is BSD or ASL 2.0
 # pyparsing is MIT
-# the setuptools logo has unknown license and possible TM problems,
-# but the sdist **does not** contain it,
-# see https://github.com/pypa/setuptools/issues/2227
+# the setuptools logo is MIT
 License:        MIT and (BSD or ASL 2.0)
 URL:            https://pypi.python.org/pypi/%{srcname}
 Source0:        %{pypi_source %{srcname} %{version}}
@@ -211,6 +209,10 @@ PYTHONPATH=$(pwd) %pytest --ignore=setuptools/tests/test_integration.py --ignore
 
 
 %changelog
+* Wed Nov 10 2021 Karolina Surma <ksurma@redhat.com> - 58.5.3-1
+- Update to 58.5.3
+- Fixes rhbz#2016715
+
 * Tue Oct 19 2021 Tomáš Hrnčiar <thrnciar@redhat.com> - 58.2.0-1
 - Update to 58.2.0
 - Fixes rhbz#2001228
diff --git a/sources b/sources
index 159d15b..f460cfa 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (setuptools-58.2.0.tar.gz) = 028c9d9533f5493ff89c80c705ea002661a70e0e43afecb0c7546029990ae599e16fad7248ffc29573c18c6aeb33f1bba1fde09f25fe04b74717ad9308ce9cfc
+SHA512 (setuptools-58.5.3.tar.gz) = 84250620310ed02eec5d01577e26c30a3ab580eab7de48a954d1dc36d84b7855f8f59f0021bdbf2f20ffecabe613ca173a0394fff53c8ab692d89db8640770c8