Application can not start from merge file of [SD + APP + BL + BL Setting]

Hi,

I am using

SDK = 17-1-0 and

Chip = nRF52811

SD = "s112_nrf52_7.2.0_softdevice.hex"

BL = "BLE_Secure_Bootloader"

Device can not start in application while I am flashing merge file with SD + APP + BL + BL Setting. 

It will stay in bootloader mode and advertise as "DfuTarg".

I am using below commands to generate merge file:
nrfutil pkg generate --hw-version 52 --sd-req 0x103 --application-version 0 --application app.hex --key-file private.pem app.zip
nrfutil settings generate --family NRF52 --application app.hex --application-version 0 --bootloader-version 0 --bl-settings-version 2 setFn.hex

del "combo.hex"

mergehex --merge bl.hex sd.hex --output bl_sd.hex
mergehex --merge bl_sd.hex setFn.hex --output bl_sd_set.hex
mergehex --merge bl_sd_set.hex app.hex --output combo.hex

Note: I have "nrfutil version 5.2.0"

Can you please help me to fix this issue?

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