pastrychef
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dont think so. i too faced the problem with adobe audition 2021 v14.4, it just dont open at all, so do some other apps ... thats why i remain on Big Sur on my workstation, but it's normal i guess, never did i update to a new OS till at least january. but i liked monterey, seems a bit faster, ok lets wait and see.

macOS 12 Monterey: Will Adobe software work?
Which Adobe software is ready for macOS 12 Monterey, and what should you watch out for? I’ve started my annual coverage of upgrade compatibility on my blog.
Here are the known issues with Adobe apps on Monterey:
Source:https://helpx.adobe.com/download-install/kb/macos12-monterey-known-issues.html
There doesn't seem to be any issues with Audition, at least none that Adobe is aware of.