Konduru Sai Prabhas Acquires 10.16% Stake in Hub Cyber Security Ltd. (HUBC)

On June 3, 2026, Konduru Sai Prabhas filed a Schedule 13G with the SEC, disclosing a significant new ownership stake in Hub Cyber Security Ltd. (HUBC). As of the event date on May 27, 2026, the individual investor acquired 130,000 ordinary shares, representing a 10.16% ownership interest in the company. This filing marks a shift from a zero-share position to a major holding, crossing the 10% threshold. The filing indicates that Konduru Sai Prabhas, a citizen of India residing in Memphis, Tennessee, holds sole voting and dispositive power over all 130,000 shares. The securities were acquired for investment purposes and not with the intent of changing or influencing the control of the issuer, as evidenced by the Rule 13d-1(c) designation. Hub Cyber Security Ltd., an Israeli-based firm, is the issuer of the ordinary shares. This substantial acquisition highlights a new major stakeholder in the cybersecurity firm's equity structure.