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HUB Cyber Security | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Dominion Capital LLC(0.4%),DC Rainier SPV LLC(0.4%), etc.

SEC announcement ·  Apr 11 06:14
Summary by Moomoo AI
On April 10, 2024, Dominion Capital LLC, along with related entities and individuals, filed an amendment to a previously submitted Schedule 13D with the U.S. Securities and Exchange Commission, detailing their beneficial ownership and recent transactions involving HUB Cyber Security Ltd. shares. The filing, which serves as an update to the initial Schedule 13D filed on March 18, 2024, reports that Dominion Capital LLC and associated parties, including DC Rainier SPV LLC, Dominion Capital Holdings LLC, and managing members Mikhail Gurevich and Gennadiy Gurevich, collectively own 39,322 ordinary shares, representing 0.4% of the company. The amendment also discloses that between March 20 and April 1, 2024, Dominion sold 390,672 ordinary shares and that on April 9, DC Rainier transferred 27,135 ordinary shares to a member in lieu of cash distribution. The filing further...Show More
On April 10, 2024, Dominion Capital LLC, along with related entities and individuals, filed an amendment to a previously submitted Schedule 13D with the U.S. Securities and Exchange Commission, detailing their beneficial ownership and recent transactions involving HUB Cyber Security Ltd. shares. The filing, which serves as an update to the initial Schedule 13D filed on March 18, 2024, reports that Dominion Capital LLC and associated parties, including DC Rainier SPV LLC, Dominion Capital Holdings LLC, and managing members Mikhail Gurevich and Gennadiy Gurevich, collectively own 39,322 ordinary shares, representing 0.4% of the company. The amendment also discloses that between March 20 and April 1, 2024, Dominion sold 390,672 ordinary shares and that on April 9, DC Rainier transferred 27,135 ordinary shares to a member in lieu of cash distribution. The filing further reveals that Dominion initiated insolvency proceedings against HUB Cyber Security Ltd. in Israel due to the company's failure to repay debts and fulfill contractual obligations. The motion for insolvency proceedings was filed with the Tel Aviv District Court on April 10, 2024, following HUB Cyber Security Ltd.'s lack of response to a notice of intent to file such a motion, which was initially communicated on February 14, 2024.

This announcement is a separate document:

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