Hydra Industries Acquisition Corp.'s Chief Executive Officer just declared owning 1,091,303 shares of Hydra Industries Acquisition Corp.

Luke Lyon Alvarez, Hydra Industries Acquisition Corp.'s Chief Executive Officer and a director of the company, has just filed an initial statement of beneficial ownership where 1,091,303 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 Alvarez. Alvarez operates out of New York, NY.

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

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