Hydra Industries Acquisition Corp. (HDRA): Weiss Asset Management Reports 5.57% Stake

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Page 6 of 10 – SEC Filing

CUSIP NO. 448740100 SCHEDULE 13G PAGE
6
OF 10 PAGES
ITEM 1.
(a) Name of Issuer: Hydra Industries Acquisition Corp.
(b) Address of Issuers Principal Executive Offices:
250 West 57th Street, Suite 2223, New York, New York 10107
ITEM 2.
(a) and (c): Name and Citizenship of Persons Filing:
(i) BIP GP LLC, a Delaware limited liability company (BIP GP).
(ii) Weiss Asset Management LP, a Delaware limited partnership (Weiss Asset Management).
(ii) WAM GP LLC, a Delaware limited liability company (WAM GP).
(iii) Andrew M. Weiss, Ph.D., a United States citizen (Andrew Weiss).
(b): Address of Principal Business Office:

BIP GP, Weiss Asset Management, WAM GP, and Andrew Weiss
have a business

address of 222 Berkeley St., 16th Floor, Boston, Massachusetts 02116

(d) Title of Class of Securities: Common stock, par value $0.0001 per share
(e) CUSIP Number: 448740100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(a)  [  ] Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b)  [  ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)  [  ] Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)  [  ] Investment Company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)  [  ] Investment Adviser registered under section 203 of the Investment Advisers Act or under the laws of any State
(f)  [  ] Employee Benefit Plan, Pension fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
(g)  [  ] A Parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G)
(h)  [  ] A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)
(i)  [  ] A Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)
(j)  [  ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)

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