Will Smith on Friday resigned from the Academy of Motion Picture Arts and Sciences, almost a week after slapping comedian Chris Rock at the Oscars ceremony.

Smith, who won the best actor award for “King Richard" after the stunning on-stage assault, had faced disciplinary action and possible expulsion by the academy.

“I betrayed the trust of the Academy," Smith wrote in his statement. "I deprived other nominees and winners of their opportunity to celebrate and be celebrated for their extraordinary work. I am heartbroken."

The actor said he was prepared to accept any consequences the organization deems appropriate.

Academy President David Rubin said Friday the group had accepted the resignation and was planning to move forward with its disciplinary proceedings.

Smith's resignation was reported earlier Friday by Variety.

Smith loses voting privileges with his resignation from the invitation-only organization.

Date: 1st April, 2022