Stephen J Dannhauser, a director of Hydra Industries Acquisition Corp., has just filed an initial statement of beneficial ownership where 25,000 shares of Hydra Industries Acquisition Corp. were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Dannhauser. Dannhauser operates out of New York, NY. Some additional info was provided as follows:

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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