Cubase Elements 11 to Cubase 12 Update Problem

So i have the Cubase Elements 11 license activated.It appears on eLicenser software and website but it can’t be found on Activation Manager.I don’t have a USB licenser.Did it happens to someone ?

Cubase 11 is not using the Activation Manager, so it will not show up there.

When you upgrade to Cubase 12 you will see that license in the Activation Manager and Cubase 11 will be marked as upgraded in the eLicenser.