Hello,
I checked Log file and I saw this;
[2020.10.30-16.15.36:588][ 0]LogWindows: Failed to load ‘OVRPlugin.dll’ (GetLastError=126)
[2020.10.30-16.15.36:588][ 0]LogWindows: File ‘OVRPlugin.dll’ does not exist
If OpenVR or another AR/VR plugins enabled in 4.22, try to disabled them and retry to convert to 4.25.
It may work.