Cubase 10.5.20 crashing on startup

I just upgraded to Cubase 10.5 today and now it is crashing on “vsttransit.” It launches fine without third party plugins. Attached is my crash file. What should I do?
Cubase 10.5_2020-07-15-214556_Lukass-MacBook-Air.crash (92.6 KB)

Hi and welcome,

You are right, it crashes in VST Transit. Please, remove the old component. If you are using it, use the latest VST Transit Join.