Synthmaster 2 player vst2 crashing while searching for new vst

I just tried installing the windows vst2 version of Synthmaster 2 player (without the nks support extension checked during installation) (SynthMaster Player Mac/Windows/iOS) which is free today and unfortunately after installation, Renoise can’t seem to initialize it during vst scan. It keeps crashing at every scan until I get the message that I need to delete the failed cache .db file for it to be scanned again.

Log doesn’t say much;

VstPlugs: Trying to instantiate D:\PROGRAM FILES~SOFTWARE~FREEWARE VST(I)~FREEWARE64\SynthMasterPlayer.dll
VstPlugs: Instantiate FAILED (MagicMatch) !!!

Warning Message: Renoise crashed during the last startup while trying to initialize the Audio plugin:
Warning Message: ‘SynthMasterPlayer.dll’ (‘D:\PROGRAM FILES~SOFTWARE~FREEWARE VST(I)~FREEWARE64\SynthMasterPlayer.dll’)!
Warning Message: To prevent further crashes, the plugin will no longer be instantiated until you delete the failed plugs cache file:
Warning Message: ‘C:\Users\pluge\AppData\Roaming\Renoise\V3.4.2\CachedFailedVSTs_x64.db’.

I can start the standalone application without any problem.

edit;

at the first vst scan run, a window popped up where you must input the registered email address and serial number. I think I’ve clicked the option to send the license file to the registered email address. After clicking through, the scanning hard crashed / Renoise disappeared.