AMC CEO Issues Another Warning: Opposes Robinhood's Issuance of AMC Stock Tokens in the US, Could Impact Company's Capital Structure

Odaily reports that AMC CEO Adam Aron has once again expressed opposition on the X platform regarding Robinhood's issuance of stock tokens, stating that AMC does not agree with Robinhood issuing tokens in the US that replicate AMC stock.

Aron stated that such tokens are "fake synthetic stocks" and could impact AMC's capital structure. He also said that the SEC requires Robinhood to obtain AMC's consent, or at least ensure that AMC does not raise objections, and emphasized that AMC should control its own financial destiny rather than have it decided by Robinhood.