Fmod Studio Event Emitter & "Max Instances"

Can you let me know what version of unity and fmod (and fmod package) you are using?

I was able to reproduce the issue, I’ve created a very simple repro case and uploaded a Unity Proj + Fmod project repro case here (using Unity 2020.1.8f1 and fmod 2.01.07):

Also made a video showing the bug: