Audacity Installs on Montery on Apple Studio but won't Start

I have been using Audacity for many years, most recently I have been using version 3.1.3 on an iMac running OS Monterey. I recently purchased a Mac Studio which is also running OS Monterey and transferred my applications from the old iMac to the Studio. Most ran fine, some with a little tweaking, some had to be reinstalled or needed a license key. Audacity would not run. I have tried installing it numerous times along with the Library files. Deleted it from the system along with the library files. Installed it again. When I try to run it, the “Force Quit Applications” under the Apple Menu shows “Audacity (not responding)”. Any idea what I can do to get this working again?

Thanks!

You could try rebooting the computer. It may be the same issue as reported here: https://forum.audacityteam.org/t/wont-open-without-reboot-monterey/65253/1