diff --git a/math/py-spopt/Makefile b/math/py-spopt/Makefile
index a835a3033b91..5ce70d9cecc3 100644
--- a/math/py-spopt/Makefile
+++ b/math/py-spopt/Makefile
@@ -1,6 +1,5 @@
 PORTNAME=	spopt
-PORTVERSION=	0.4.1
-PORTREVISION=	1
+PORTVERSION=	0.5.0
 CATEGORIES=	math python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
@@ -12,15 +11,16 @@ WWW=		https://github.com/pysal/spopt
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/LICENSE.txt
 
-RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}geopandas>=0.7:graphics/py-geopandas@${PY_FLAVOR} \
+RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}geopandas>=0.10.0:graphics/py-geopandas@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}libpysal>=0:science/py-libpysal@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}networkx>=0.1:math/py-networkx@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}numpy>=1.3,1:math/py-numpy@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}pandas>=1,1:math/py-pandas@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}numpy>=1.21,1:math/py-numpy@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}pandas>=1.0.5,1:math/py-pandas@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}PuLP>=0:math/py-PuLP@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}scikit-learn>=0.22:science/py-scikit-learn@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}scipy>=0.11:science/py-scipy@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}spaghetti>=0:science/py-spaghetti@${PY_FLAVOR}
+		${PYTHON_PKGNAMEPREFIX}scipy>=1.3.2:science/py-scipy@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}spaghetti>=0:science/py-spaghetti@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}tqdm>=4.27.0:misc/py-tqdm@${PY_FLAVOR}
 
 USES=		python:3.8+
 USE_PYTHON=	autoplist concurrent distutils
diff --git a/math/py-spopt/distinfo b/math/py-spopt/distinfo
index 2fab381fc668..bbd54d920ecc 100644
--- a/math/py-spopt/distinfo
+++ b/math/py-spopt/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1655208296
-SHA256 (spopt-0.4.1.tar.gz) = e2e79d7e1d4d5a3b287c6b014d5b5ea2bc31cf73b2d3256ee588f117b50b03ef
-SIZE (spopt-0.4.1.tar.gz) = 89546
+TIMESTAMP = 1674589962
+SHA256 (spopt-0.5.0.tar.gz) = 66e8ba4033be7441df9055b5512a0aeee0e94636eb778b6fd6cb355453f23592
+SIZE (spopt-0.5.0.tar.gz) = 103639