diff --git a/openpluginloader/defaultstrategy.py b/openpluginloader/defaultstrategy.py
index 5749e26..6c096f2 100644
--- a/openpluginloader/defaultstrategy.py
+++ b/openpluginloader/defaultstrategy.py
@@ -491,7 +491,7 @@ def find_spec(self, fullname: str, path, target=None) -> ModuleSpec | None:
             corrosponding_plugin = plugin
 
         if corrosponding_plugin is None:
-            return None
+            raise ImportError(f"Could not locate plugin: {plugin_name}.")
 
         # Use plugin entry when trying to import `__ENTRY__`
         if len(fullname_parts) >= 3 and fullname_parts[2] == "__ENTRY__":
diff --git a/pyproject.toml b/pyproject.toml
index 5e42b14..7615b09 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "openpluginloader"
-version = "1.0.4"
+version = "1.0.5"
 description = "A plugin loader library meant for wide use and quick adoption."
 readme = "README.md"
 requires-python = ">=3.13"
diff --git a/uv.lock b/uv.lock
index 532311e..5ad16e8 100644
--- a/uv.lock
+++ b/uv.lock
@@ -233,7 +233,7 @@ wheels = [
 
 [[package]]
 name = "openpluginloader"
-version = "1.0.3"
+version = "1.0.5"
 source = { editable = "." }
 dependencies = [
     { name = "packaging" },