Major owner of Hydra Industries Acquisition Corp. just declared owning 428,750 shares of Hydra Industries Acquisition Corp.

Group Ltd Macquarie, a major owner of Hydra Industries Acquisition Corp., has just filed an initial statement of beneficial ownership where 428,750 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 Macquarie. Macquarie operates out of Sydney, New South Wales,, C3. Some additional info was provided as follows:

105,000 shares subject to forfeiture if the underwriters exercise their over-allotment option, as described in the Issuer's registration statement on Form S-1 (File No. 333-198236). Macquarie Group Limited is the ultimate indirect parent of MIHI LLC and may be deemed to beneficially own the Issuer's securities held thereby.

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

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