How can i run more than 2 Monterey VM simultaneously on M1?

[IljaA]

Hello!
I faced the problem trying to run more than 2 MacOS 12.0 Monterey simultaneously on Mac Mini M1.
Once i tried to run the third VM, an error alert with the following description appeared:
Cannot start this virtual machine.
A software update is required to complete this installation. The maximum supported number of active virtual machines has been reached.

However, i have the latest MacOS 12.0.1 Monterey as a host and the latest Parallels 17.1.0 (51516). As for license, i use Business Edition for Mac.
Is this a problem of Hypervisor or some kind of system restriction?

 

[MatthiasS9]

Apples macOS license allows you to run two macOS VMs on your Mac.

 

[IljaA]

Apples macOS license allows you to run two macOS VMs on your Mac.

Do you mean macOS license for ARM-based machines?
I can easily run more than 2 macOS VMs on my intel-based Mac. Max VMs number is only limited by my Mac's specs

 

[MatthiasS9]

Technically you might be able to run more than two Mac VMs on your Intel Mac - but your macOS license does not allow this. Just read (again?) the license you agreed to when you installed the last time

 

[IljaA]

Are there any updates?