Chad Williams reports 59.8% stake in Hub Cyber Security (HUBC)
Rhea-AI Filing Summary
Hub Cyber Security Ltd. Schedule 13G/A (Amendment No. 2) reports that Chad Laprince Williams beneficially owns 766,368 common shares, representing 59.8% of the class. The filing lists sole voting power and sole dispositive power for the same 766,368 shares. The signature date is 06/01/2026.
Positive
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Negative
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Insights
Major single-holder position disclosed: majority stake with sole voting and dispositive power.
The filing shows 59.8% ownership by a single individual, Chad Laprince Williams, with sole voting and sole dispositive power over 766,368 shares. Such concentration signals control over shareholder votes and board matters.
The practical implications depend on board composition and any shareholder agreements; future filings may disclose changes in holdings or voting arrangements. Beneficial ownership is reported as of the dates shown in the submission.
Disclosure appears to be an ownership amendment under federal reporting rules.
The Schedule 13G/A (Amendment No. 2) format and the signature dated 06/01/2026 indicate the filer updated beneficial-ownership details for Common Shares (CUSIP M6000J184). The filing lists the filer’s address and citizenship as required.
Regulatory focus is on accuracy of percentages and voting/dispositive power. Any subsequent changes in ownership or voting arrangements should be reported in follow-up amendments as required by applicable rules.