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AMC CEO Renewed warning: opposition to Robinhood the issuance in the United States of AMC stock tokens, which may affect the company’s capital structure

BlockBeats reported that October 16,AMC CEO Adam Aron again expressed opposition on X to the issuance of Robinhood stock tokens, saying that AMC does not agree to Robinhood issuing tokens replicating AMC shares in the United States.

Aron said that such tokens are “fake synthetic shares” that could affect AMC’s capital structure. He also said that SEC should require Robinhood’s consent, or at least ensure that AMC does not object, and emphasized that AMC should control its own financial destiny rather than have it determined by AMC.

Original link Robinhood https://m.theblockbeats.info/flash/372113