Updated to latest patch release now constant restart your Mac loop...

Logged into my Mac (Catalina OS) this morning and started Parallels. I was prompted that there was a new patch. I installed the patch and per the instruction restarted my Mac. When I tried to open Parallels again, it repeated the restart your Mac to complete the installation. I did this one more time, same behavior now anytime I try to launch Parallels. This is impacting my ability to support external customers networks. I've tried to reach someone in Chat and also posted this to the Parallels twitter account. Has anyone else seen this behavior this morning?

 

This is the message I continually get when attempting to start Parallels following this morning's patch.

 

Hello, what is your Parallels Desktop version?