Ricoh GR III x HDF DNG files render horribly in CaptureOne

DNG files from the Ricoh GR IIIx HDF render horribly in CaptureOne. Changing the ICC Profile does not help. The screenshot below is a straight RAW file at defaults with only an exposure adjustment. Photo was shot with the in camera HDF filter engaged.

The same DNG files render smoothly and without issue in Lightroom version 5 (a very old software version)