I did not find a fix in any available source online yet for this issue. After doing an in-place upgrade from Windows 10 21H2 to Windows 11 22H2 I could not open Terminal as admin. I would get an error "There’s a problem with this app. Reinstall the application" Running Terminal as my regular account worked just fine, this error only happened when trying to elevate, or run as other user and use an admin account.
Digging further into error logs running Terminal as admin was failing to open windows.sharedFonts. There was again no resource online about fixing windows.sharedFonts errors.
From what I can gather windows.sharedFonts is a local profile resource that only gets created after an account logs in. Terminal (Admin) is trying to access windows.sharedFonts for the admin account being used to run the app as admin. Once I logged in locally with that account I could switch back to my regular account and run Terminal as admin.