Thanks for the response, I am changing the CPU flags and will share the outcome.
Update:
No luck, same issue - VM is running an appears and kvm
Current CPU flags:
24091217.conf: cpu: host,hidden=1,flags=+pcid
24091217.conf: args: -cpu 'host,+kvm_pv_unhalt,+kvm_pv_eoi,kvm=off'