see reported errors here: #234 (are not because there are too many items)
System.Runtime.InteropServices.ExternalException (0x80004005): A generic error occurred in GDI+. at System.Drawing.Bitmap.GetHicon() at SystemTrayMenu.UserInterface.AppNotifyIcon.Load_Tick(Object sender, EventArgs e) in D:\a\1\s\UserInterface\AppNotifyIcon.cs:line 99 at System.Windows.Forms.Timer.TimerNativeWindow.WndProc(Message

we tried also other solution
https://gist.github.com/D4koon/2b397eca452b75115f19063560efbbb3
but we can not see any gdi leak at our devices. so there are special circumenstances for this rare issue.

=> so only solution to prevent this is to remove the rotated loading icon, lets just set the the normal loading icon