Tyler Kent White Acquires 35.1% Stake in Hub Cyber Security Ltd. via Open Market Purchases
Tyler Kent White has filed a Schedule 13D reporting a significant new ownership stake in Hub Cyber Security Ltd. (HUBC). As of June 1, 2026, White beneficially owns 450,000 ordinary shares, representing approximately 35.1% of the company's outstanding shares. The shares were acquired through a series of open market purchases between May 18, 2026, and May 27, 2026, at prices ranging from $0.1097 to $0.1451 per share. The aggregate purchase price was approximately $59,977, funded entirely by White's personal capital. The reporting person is filing this Schedule 13D because his ownership exceeds the 20% threshold, disqualifying him from reporting as a passive investor on Schedule 13G. White acquired the shares for investment purposes, citing his belief that the securities represent an attractive opportunity. While he has no current plans for major corporate changes, he intends to review his investment continuously and may increase or decrease his position based on market conditions and the issuer's financial performance. White maintains sole voting and dispositive power over all reported shares.