“We did not adequately address the situation in the room.

AMPAS' decision came Friday after the board met to discuss further disciplinary measures against Smith.

“During our telecast, we did not adequately address the situation in the room.

Will Smith slaps Chris Rock

Will Smith hits Chris Rock at the 94th Academy Awards in 2022.Myung Chun / Los Angeles Times via Getty Images

For this, we are sorry.

“‘Chris Rock doesn’t want that,’ I said.

‘Rock has made it clear that he does not want to make a bad situation worse.’

Will Smith

Will Smith wins Best Actor at the 2022 Oscars.ROBYN BECK/AFP via Getty Images

That was Chris' energy.

Smith laterreleased a statementon Instagram addressing Rock.

“I would like to publicly apologize to you, Chris,” Smith wrote.

“I was out of line and I was wrong.

I am embarrassed and my actions were not indicative of the man I want to be.

There is no place for violence in a world of love and kindness.”