Tool panel not appearing in Procreate when Pencil Pro is squeezed on iPad

Check your Pencil settings. Settings for your Apple Pencil are found in two separate locations in iPad settings:

• Settings > Apple Pencil
• Settings > Accessibility > [Physical & Motor] Apple Pencil

You should note that the secondary Accessibility settings are only visible when the Pencil itself is "active".

Otherwise, if Pencil functions are as expected when using other Apps, the issue will be with the Procreate App. Issues with Procreate will need to be escalated with the App Developer:

How to contact an app developer - Apple Support

It’s likely that Procreate needs to send an update out for the app. This is what many have been waiting for since the new iPads/Pencil and 17.5 launched.

Did you figure this out yet? I am having the same issues. I have the 11 inch Air.