Big-IQ minimum

In Big-IQ device, trying to license a VE instance from a valid pool. The LTM-VE is built with 11.4.x version. Getting an error when I try to use the provisioning method, says "Cannot license 10.1.2.3 version is 11.4.1 and must be greater than 11.5.0" Is that true? Will I have to upgrade the LTM-VEs prior to licensing them?