UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G/A

 

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)

 

M6000J 135

(CUSIP Number)

 

December 28, 2023

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in 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. M6000J 135

 

1

NAME OF REPORTING PERSON: Shayna L.P.

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not applicable. 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions):

(a) ☒

(b) ☐

3 SEC USE ONLY 
4 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5

SOLE VOTING POWER: -0- Ordinary Shares 

 

6

SHARED VOTING POWER: -0- Ordinary Shares

 

7

SOLE DISPOSITIVE POWER: -0- Ordinary Shares 

 

8

SHARED DISPOSITIVE POWER: -0- Ordinary Shares

 

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- Ordinary Shares 
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)         ☐ 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): -0-  
12 TYPE OF REPORTING PERSON: PN

  

2

 

 

CUSIP No. M6000J 135

 

1

NAME OF REPORTING PERSON: Carmel Argaman Investments Ltd.

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not applicable.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions):

(a) ☒

(b) ☐

3 SEC USE ONLY 
4 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5

SOLE VOTING POWER: -0- Ordinary Shares

 

6

SHARED VOTING POWER: -0- Ordinary Shares

 

7

SOLE DISPOSITIVE POWER: -0- Ordinary Shares 

 

8

SHARED DISPOSITIVE POWER: -0- Ordinary Shares

 

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- Ordinary Shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)         ☐
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0%
12 TYPE OF REPORTING PERSON: PN

 

3

 

 

CUSIP No. M6000J 135

 

1

NAME OF REPORTING PERSON: Avraham Levin

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not applicable.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions):

(a) ☒

(b) ☐

3 SEC USE ONLY 
4 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5

SOLE VOTING POWER: -0- Ordinary Shares

 

6

SHARED VOTING POWER: -0- Ordinary Shares

 

7

SOLE DISPOSITIVE POWER: -0- Ordinary Shares 

 

8

SHARED DISPOSITIVE POWER: -0- Ordinary Shares

 

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- Ordinary Shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)         ☐
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0%
12 TYPE OF REPORTING PERSON: PN

 

4

 

 

CUSIP No. M6000J 135

 

1

NAME OF REPORTING PERSON: Guy David Shantser

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): Not applicable.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions):

(a) ☒

(b) ☐

3 SEC USE ONLY 
4 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5

SOLE VOTING POWER: -0- Ordinary Shares

 

6

SHARED VOTING POWER: -0- Ordinary Shares

 

7

SOLE DISPOSITIVE POWER: -0- Ordinary Shares 

 

8

SHARED DISPOSITIVE POWER: -0- Ordinary Shares

 

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- Ordinary Shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)         ☐
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0%
12 TYPE OF REPORTING PERSON: PN

 

5

 

 

CUSIP No. M6000J 135

 

Item 1.

 

  (a) Name of Issuer: HUB Cyber Security Ltd..

 

  (b) Address of Issuer’s Principal Executive Offices:

17 Rothschild Blvd., Tel Aviv 6688120, Israel

 

Item 2.

 

  (a) Name of Person Filing:

Shayna L.P., a limited partnership organized under the laws of the Cayman Islands.

 

Carmel Argaman Investments Ltd. (“Carmel”), a company organized under the laws of the State of Israel, wholly-owned by Avraham Levin. Carmel serves as the general partner of Shayna L.P.  

 

In September 2023, Avraham Levin, a citizen of the State of Israel, acquired the ownership of Carmel from Guy David Shantser, a citizen of the State of Israel.

 

I.R.S. Identification No. of above person (entities only): N/A

 

  (b) Address of Principal Business Office or, if none, Residence:

 

The principal place of business for each of the Reporting Persons is 148 Golomov Street, Jerusalem, Israel

 

  (c) Citizenship: See (a) above.

 

  (d) Title of Class of Securities: Ordinary Shares, no par value per share (“Ordinary Shares”)

 

  (e) CUSIP Number: M6000J 135

 

Item 3. Not applicable

 

Item 4. Ownership

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount beneficially owned:

 

None.

 

  (b) Percent of class:

 

Not applicable.

 

  (c) Number of shares as to which person has:

 

  (i) Sole power to vote or to direct the vote: See Item 5 of each cover page.

 

  (ii) Shared power to vote or to direct the vote: See Item 6 of each cover page.

 

  (iii) Sole power to dispose or to direct the disposition of: See Item 7 of each cover page.

 

  (iv) Shared power to dispose or to direct the disposition of: See Item 8 of each cover page.

 

6

 

 

CUSIP No. M6000J 135

 

Item 5. Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

 

Not applicable.

 

Item 8. Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9. Notice of Dissolution of Group

 

Not applicable.

 

Item 10. Certification

 

By signing below each of the Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11 

 

7

 

 

CUSIP No. M6000J 135

 

SIGNATURES

 

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

 

Date: February 14, 2024

 

  Shayna L.P.
   
  By: Carmel Argaman Investments Ltd., general partner
   
  By: /s/ Avraham Levin
  Name:  Avraham Levin
  Title: Chief Executive Officer
   
  Carmel Argaman Investments Ltd.
   
  By: /s/ Avraham Levin
  Name: Avraham Levin
  Title: Chief Executive Officer
   
  Avraham Levin
   
  By: /s/ Avraham Levin
  Name: Avraham Levin
     
  Guy David Shantser
     
  By: /s/ Guy David Shantser
  Name: Guy David Shantser

 

8

 

 

CUSIP No. M6000J 135

 

EXHIBIT NO.   DESCRIPTION
     
Exhibit 99.1   Joint Filing Agreement, dated February 14, 2024

 

9

Exhibit 99.1

 

JOINT FILING AGREEMENT

 

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares of HUB Cyber Security Ltd. In accordance with Rule 13d-1(k)(1), the undersigned hereby agree to the joint filing with each other on behalf of each of them of such a statement on Schedule 13G and any amendments thereto with respect to Ordinary Shares, no par value per share, of HUB Cyber Security Ltd. beneficially owned by each of them.

 

Date: February 14, 2024

 

  Shayna L.P.
   
  By: Carmel Argaman Investments Ltd., general partner
   
  By: /s/ Avraham Levin
  Name:  Avraham Levin
  Title: Chief Executive Officer
   
  Carmel Argaman Investments Ltd.
   
  By: /s/ Avraham Levin
  Name: Avraham Levin
  Title: Chief Executive Officer
   
  Avraham Levin
   
  By: /s/ Avraham Levin
  Name: Avraham Levin
     
  Guy David Shantser
     
  By: /s/ Guy David Shantser
  Name: Guy David Shantser