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

NAME OF
REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

BIP GP
LLC

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP*

(A)  ¨        (B)  ¨

SEC USE ONLY

CITIZENSHIP OR PLACE OF
ORGANIZATION

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

SOLE VOTING POWER

0

SHARED VOTING POWER

36,865

SOLE DISPOSITIVE POWER

0

SHARED DISPOSITIVE POWER

36,865

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

36,865

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES*  ¨

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (9)

0.37%

TYPE OF REPORTING PERSON*

00 Limited Liability Company