Cubase 12 stuck on Initializing Content

Hey there just wondering if anyone else is having the issue of Cubase 12 being stuck on startup at Initializing: Content, in my case for a few minutes or more. And I’m wondering what a solution would be. Thanks in advance, and yes, yesterday was not a good day for the installation as I had a project in 11 to work on, and of course my 11 license disappeared for a good bit of the day. But we move on…

here the same error with
license check content

How did you resolve this and get Cubase to open @Scrummy ?