Dynamic Link problem when editing audio from Premiere Pro Beta

I can successfully get the audio from Premiere Pro to Audition using Edit/Edit in Audition/Sequence, but the video never comes over. Trying to export a DV copy also fails. The only solution is to render a copy of the sequence using Premiere Pro and import it after the Multitrack is created.

This may have something to do with the M1 Mac I'm using for testing. Here's a screenshot of the problem: