Warning: Spoilers ahead for The Old Guard and The Old Guard 2 The final scene of The Old Guard 2 teases a larger, exciting adventure, but after fans have waited five years for a follow-up to 2020’s Netflix action film about a loyal and devoted band of immortal mercenaries,

This article contains spoilers for The Old Guard 2. After an hour and a half of twists, turns, and thrills, The Old Guard 2 ends on a major cliffhanger, with the fates of most of its characters left in the balance.

Director Victoria Mahoney has defended the new action sequel’s polarizing cliffhanger finale. Here’s what happens in the superhero film—and what it means for what’s next.