Dominion Capital Amends Hub Cyber Security Stake
Ticker: HUBCZ · Form: SC 13D/A · Filed: Apr 11, 2024 · CIK: 1905660
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
TL;DR
Dominion Capital updated its 13D filing for Hub Cyber Security. Ownership details TBD.
AI Summary
Dominion Capital Holdings LLC, through its managing member Mikhail Gurevich, has filed an amendment (Amendment No. 1) to its Schedule 13D on April 11, 2024, regarding its holdings in Hub Cyber Security Ltd. The filing indicates a change in the group's beneficial ownership, though specific new percentages or dollar amounts are not detailed in this excerpt. The group previously disclosed holdings in the company.
Why It Matters
This amendment signals a potential shift in the ownership structure or strategy of Hub Cyber Security Ltd., which could impact its stock price and future corporate actions.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in beneficial ownership, which can lead to increased volatility and uncertainty for the company's stock.
Key Players & Entities
- Dominion Capital Holdings LLC (company) — Filing entity
- Mikhail Gurevich (person) — Managing Member of Dominion Capital LLC
- Hub Cyber Security Ltd. (company) — Subject company
- DC RAINIER SPV LLC (company) — Group member
- Dominion Capital L.L.C. (company) — Filing entity
- David E. Danovitch (person) — Legal counsel
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 1 to the Schedule 13D filing?
The provided excerpt states that the filing is an amendment and indicates a change in the group's beneficial ownership, but it does not specify the exact new percentages or dollar amounts of shares held.
When was Amendment No. 1 to the Schedule 13D filed for Hub Cyber Security Ltd.?
The filing was made on April 11, 2024.
Who is filing this Schedule 13D/A amendment?
The amendment is filed by Dominion Capital Holdings LLC, with Mikhail Gurevich identified as the Managing Member.
What is the CUSIP number for Hub Cyber Security Ltd. Ordinary Shares?
The CUSIP number for Hub Cyber Security Ltd. Ordinary Shares is M6000J135.
What is the business address of Hub Cyber Security Ltd.?
The business address of Hub Cyber Security Ltd. is 30 Ha'Masger St., Tel Aviv, L3, 6721117.
Filing Stats: 2,021 words · 8 min read · ~7 pages · Grade level 13.1 · Accepted 2024-04-11 06:11:23
Key Financial Figures
- $127.90 — Ordinary Shares at an exercise price of $127.90 per whole share, which are exercisable
- $0.8393 — the open market, at prices ranging from $0.8393 to $1.0329 per Ordinary Share. In addit
- $1.0329 — rket, at prices ranging from $0.8393 to $1.0329 per Ordinary Share. In addition, on Apr
- $1.01 — o such member, based on a fair value of $1.01 per Ordinary Share attributed to such d
Filing Documents
- g084173_sc13da.htm (SC 13D/A) — 157KB
- g084173_ex99-6.htm (EX-99.6) — 65KB
- img008_v1.jpg (GRAPHIC) — 452KB
- img009_v1.jpg (GRAPHIC) — 659KB
- img010_v1.jpg (GRAPHIC) — 682KB
- img011_v1.jpg (GRAPHIC) — 663KB
- img012_v1.jpg (GRAPHIC) — 798KB
- img013_v1.jpg (GRAPHIC) — 688KB
- img014_v1.jpg (GRAPHIC) — 588KB
- img015_v1.jpg (GRAPHIC) — 562KB
- img016_v1.jpg (GRAPHIC) — 838KB
- img017_v1.jpg (GRAPHIC) — 208KB
- 0001753926-24-000696.txt ( ) — 8678KB
From the Filing
SC 13D/A 1 g084173_sc13da.htm SC 13D/A UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* HUB Cyber Security Ltd. (Name of Issuer) Ordinary Shares, no par value per share (Title of Class of Securities) M6000J135 (CUSIP Number) Mikhail Gurevich, Managing Member Dominion Capital LLC 256 W. 38 th Street, 15 th Floor New York, NY 10018 (212) 785-4680 With a copy to: David E. Danovitch, Esq. Sullivan & Worcester LLP 1633 Broadway – 32 nd Floor New York, NY 10019 (212) 660-3000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 1, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box . *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. M6000J135 SCHEDULE 13D Page 2 of 9 Pages 1 NAMES OF REPORTING PERSONS Dominion Capital LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) AF, WC, OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Connecticut NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 39,322 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 39,322 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 39,322 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% 14 TYPE OF REPORTING PERSON (See Instructions) OO CUSIP No. M6000J135 SCHEDULE 13D Page 3 of 9 Pages 1 NAMES OF REPORTING PERSONS DC Rainier SPV LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) AF, WC, OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 39,322 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 39,322 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 39,322 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% 14 TYPE OF REPORTING PERSON (See Instructions) OO CUSIP No. M6000J135 SCHEDULE 13D Page 4 of 9 Pages 1 NAMES OF REPORTING PERSONS Dominion Capital Holdings LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) AF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 39,322 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 39,322 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 39,322 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% 14 TYPE OF REPORTING PERSON (See Instructions) OO CUSIP No. M6000J135 SCHEDULE 13D Page 5 of 9 Pages 1 NAMES OF REPORTING PERSONS Mikhail Gurevich 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) AF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 8 SHARED VOTING POWER 39,322 9 SOLE DISPOSITIVE POWER 10 SHARED DISPOSITIVE POWER 39,322 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 39,322 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN S