Unable to open or create new vault using Obsidian on my new Mac

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What I’m trying to do

I was able install Obsidian on my Mac. But I am unable to create a new vault or open an existing one. When I click on Open or Browse I get spinning beachball and does nothing.

Things I have tried

I have tried giving Obsidian full disk access.
Renamed Obsidian folder under ~/Library/Application Support, it created a new folder when relaunched, but no luck.
Reinstalled Obsidian - no luck

My New mac:
Apple M3 Pro
Sonoma 14.4