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

Page 7 of 10 – SEC Filing

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CUSIP NO. 448740100		SCHEDULE 13G		PAGE 7 OF 10 PAGES

ITEM 4.

OWNERSHIP

BIP GP*

(a)

Amount Beneficially Owned: 36,865

(b)

Percent of Class: 0.37%

(c)

Number of shares as to which such person has:

(i)

sole power to vote or to direct the vote: 0

(ii)

shared power to vote or to direct the vote: 36,865

(iii)

sole power to dispose or to direct the disposition of: 0

(iv)

shared power to dispose or to direct the disposition of: 36,865

WEISS ASSET MANAGEMENT*

(a)

Amount Beneficially Owned: 556,716

(b)

Percent of Class: 5.57%

(c)

Number of shares as to which such person has:

(i)

sole power to vote or to direct the vote: 0

(ii)

shared power to vote or to direct the vote: 556,716

(iii)

sole power to dispose or to direct the disposition of: 0

(iv)

shared power to dispose or to direct the disposition of: 556,716

WAM GP*

(a)

Amount Beneficially Owned: 556,716

(b)

Percent of Class: 5.57%

(c)

Number of shares as to which such person has:

(i)

sole power to vote or to direct the vote: 0

(ii)

shared power to vote or to direct the vote: 556,716

(iii)

sole power to dispose or to direct the disposition of: 0

(iv)

shared power to dispose or to direct the disposition of: 556,716

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