Will took offence to Chris' joke about Jada's appearance, when the comedian compared her to the character G.I. Jane in the 1997 film of the same name starring Demi Moore, in which the actress sports a bald head.
The King Richard star walked up to Chris on stage and slapped Chris across the face, leaving the Oscars presenter and viewers at home in shock.
Jada has now taken to Instagram to post her first picture since the incident unfolded and it is an inspirational message about "healing".
The post reads: "This is a season for healing and I am here for it".
It is not unusual for the Nutty Professor actress to post motivational posts on her feed. Although the comments for her most recent post have been limited, they are all very supportive.
One Instagram user shared: "We love you!"
While another person agreed with the post, writing: "1000%! We are in it, Queen! its such a blessing :) [sic]".
Will shared an apology on Instagram on Tuesday after his actions at the ceremony were widely condemned.
"Violence in all of its forms is poisonous and destructive. My behavior at last night’s Academy Awards was unacceptable and inexcusable," he said.
"Jokes at my expense are a part of the job, but a joke about Jada’s medical condition was too much for me to bear and I reacted emotionally.
"I would like to publicly apologize to you, Chris. 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.
"I would also like to apologize to the Academy, the producers of the show, all the attendees and everyone watching around the world. I would like to apologize to the Williams Family and my King Richard Family.
"I deeply regret that my behavior has stained what has been an otherwise gorgeous journey for all of us. I am a work in progress. Sincerely, Will."
Jada's medical condition is alopecia, an autoimmune disorder which causes hair loss. She opened up about her experiences in a video which was shared on her TikTok and Instagram pages.
Watch Jada's video below:
Following the events, Alopecia UK issued a statement. It said: "Alopecia UK does not condone violence in any form.
"Dealing with unwelcome remarks and being the butt of jokes is sadly an all too real part of having alopecia. This just adds to the distress and challenges faced by people with alopecia.
"In a world where it's unacceptable to make jokes about someone's race, sexuality or disability, we believe the same should apply to jokes about visible difference. Such remarks or jokes should be called out as unacceptable or inappropriate.
"At Alopecia UK, we understand the difficult emotions that people affected by alopecia may feel, including loved ones of people with the condition. Alopecia UK is here to support anyone affected by any type of alopecia."
For help, support and advice, visit Alopecia UK here.