Seriously? What’s the concern you ask, @vladtenev? The list of concerns is almost existential. U.S. securities laws are in place to protect investors. For good reason, we spend millions and millions of dollars every year to comply with U.S. securities laws. In good. conscience, how can Robinhood as a U.S. company set up an operation in far offshore Jersey, an island 3000 miles away, and market a security sort of posing as AMC in some shape or fashion, and not comply with U.S. securities laws. That is shocking and shameful. Our past issuance of equity to strengthen our balance sheet was vital to our success. Your setting up some kind of fictitious synthetic equity market decouples stock token ownership from a company’s ability to control its own capital raising efforts. Share ownership gives shareholders various rights, including the right to vote their shares. Your stock token pretend to be some form of stock ownership, but disclosures to the contrary notwithstanding, they are not ownership and they deprive investors of their rights. This quasi-fake market you are creating on the island of Jersey sows distrust amongst the public about financial markets in general. There already is distrust in financial institutions, you are potentially making it far worse. These are but a few of my concerns about your actions. I hereby call on you and Robinhood to voluntarily CEASE AND DECIST the trading of AMC stock tokens. If you don’t, our high priced securities counsel has been asked to see whether we can force you to stop. I also wonder how can the SEC possibly support your sham ignoring of U.S. securities laws. You can be sure we will be asking them.

Robinhood apparently is behind an effort related to “tokenized real-world assets including Stock Tokens” for AMC Entertainment (and supposedly 190+ other companies). They are not registered under U.S. securities laws !!!!!! I find this practice to be contemptible, outrageous, disgusting, detestable, inexcusable, vile. How can it possibly be legal? We have no connection to this at all, and do not condone it in any way. We immediately are going to have our outside securities counsel look into this. docs.robinhood.com/rhj Stock Tokens are not registered under U.S. securities laws and may not be offered, sold, or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, U.S. persons. Offers and sales of Stock Tokens are subject to restrictions in other jurisdictions, including, without limitation, Canada, the United Kingdom, and Switzerland. A full list of the jurisdictions in which offers or sales are restricted or prohibited is available here: docs.robinhood.com/rhj Robinhood Assets (Jersey) Limited is a private limited company incorporated in Jersey, with its registered address at First Floor, La Chasse Chambers, Ten La Chasse, St. Helier, JE2 4UE, Jersey. The Issuer is registered under the registration number 162428. Stock Tokens have not been and will not be registered under the U.S. Securities Act of 1933, as amended from time to time (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States. Stock Tokens may not be offered, sold or delivered within the United States to, or for the account or benefit of U.S. Persons (as defined in Regulation S under the Securities Act ("Regulation S")), and (ii) may be offered, sold or otherwise delivered at any time only outside of the United States and to transferees that are not U.S. Persons (as defined in Regulation S)…. ©2026 Robinhood Markets, Inc. All rights reserved.

On Monday, AMC made quite a consequential announcement. We have created a new venture, Leawood Films. It’s a disciplined, low risk way for AMC to distribute movies to movie theaters in the US and around the world. Our goal is simple – get some movies made and released into theaters that might not otherwise be greenlit for theatrical exhibition. Obviously, our bread and butter will always come from major Hollywood studios, and our other key distribution partners. But if we can get some extra movies made, it will be gravy for AMC as well as for other movie theater operators with whom we will work. We are pleased to be taking this innovative step forward.

Only 2 weeks in theatres so far, this week Spider-man: Brand New Day surpasses $700 million in industry-wide domestic box office, $1.7 billion globally. It’s gotten here faster than any previous film ever. It has tons of running room for much more ahead. See it at AMC and Odeon.

AMC ENTERTAINMENT SHATTERS WEEKEND REVENUE RECORDS – SETS THE HIGHEST WEEKEND REVENUE MARK IN THE COMPANY’S 106-YEAR HISTORY   More than 10.2 million moviegoers attended AMC Theatres in the United States and ODEON Cinemas internationally from Wednesday through Sunday   AMC generated its highest total revenue ever for a single weekend, Wednesday through Sunday, including new records for admissions revenue and new records for food & beverage revenue businesswire.com/news/home/2…

Last night, I attended the premiere of Chris Nolan’s new masterpiece The Odyssey, which took place at our AMC Lincoln Square Theatre in New York City. Oh my, my, my what a wild movie. Our theatres are going to be packed as moviegoers flock to see this film.