Stuck on Running INIT_SESSION init functions

[JD.Knight]

RDR2 version? 1.0.1436.28
Up to date? yes
Legit or Pirate copy? Legit
Steam/Epic Games/Social Club? Social Club
Windows version? 8.1
Did you try to delete caches.xml and try again? Yes
Error screenshot (if any)
System specifications
GPU: Gefore GTX 1070 8gb | 32gb ram
What did you do to get this issue? Launch RedM.exe, all goes well until it reaches the ‘Running INIT_SESSIONS init functions’ stage.
What server did you get this issue on? N/A
Latest CitizenFX_log file N/A
.dmp files/report IDs

If an issue with starting:
RDR2 folder screenshot

RDR2/x64/dlcpacks screenshot

Filepath to RedM folder E:\Games\RedM
RedM client folder screenshot

Did you try to disable/uninstall your Anti-virus? Yes
Did you start Rockstar Games Launcher not as admin? Yes

Also add what you already tried so far.
I tried reinstalling, rebooting, updating NVIDIA drivers, disabling antivirus, disabling firewall, ensured the app and game are using my discrete GPU, cleared RedM cache, prefetch folder, temp folder. Tried with Steam closed/opened/only-open-after-clicking-OK on the Win version notice. Tried the RedM_b1355_SteamChild.exe as well.

All I see when I open the RedM app is the Los Santos background image, and when pressing F8 I can see the steps the app takes until it reaches the Running INIT_SESSION init functions stage.

No Start button, nothing else is clickable.

I am able to load into the game itself through RedM by clicking: F8 > Launch > SP > RDR3, but cannot get the RedM client to fully load.

Please help me.

[system]

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