Answered
The Reset Bounding Box not working with the square / rectangular shapes.
Here is how to re-create this bug:
1. Create a square shape
2. rotate it 45 deg any direction
3. Right click select transform > Reset Bounding Box.
4. nothing happens ???????????
Sometimes this feature greyed out or sometimes it's selectable but doesn't work.
I also check this features works with every custom shape except the ones that has only 4 corner points.
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