M5 Macbook Air, Windows 11 ARM: Coherence won't work nor bridged networking

Brand mew machine as of March 13th. Fresh install of everything, current Parallels, fresh install of Windows 11 ARM via Parallels doing evrything automatically. Had to delete my first VM and redo it because networking didn't work at all. Second time around netowrking works but only Shared Networking. If i switch to bridged, default adapter (or pick WiFi for example) it never gives Windows an IP address. Shared doesn't always work for me becasue I need my VM on the same subnet as my Mac.

Also, Coherence isn't even an option for some reason. No blue dot in the upper left, and no View / Coherence. Parallels Tools are freshly installed. Coherence didn't work on my first VM either. Coworker got the exact same machine as I did, same day, same install, he has neither of these issues.
Not sure how to fix either of these issues.

 

Update, my Coherence issue was due to the App Store version of Parallels not supporting this feature, whereas the download from the website does. I replaced my software version and coherence is now enabled. Still have the networking issue however.

 

M5 MacBook Air here as well, and can't get Bridged Networking to work either, there's a handful of other threads popping up about this as well, so something will probably need to be fixed to resolve this for us.