<SEC-DOCUMENT>0001144204-14-073219.txt : 20141210
<SEC-HEADER>0001144204-14-073219.hdr.sgml : 20141210
<ACCEPTANCE-DATETIME>20141210174021
ACCESSION NUMBER:		0001144204-14-073219
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20141208
FILED AS OF DATE:		20141210
DATE AS OF CHANGE:		20141210

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hydra Industries Acquisition Corp.
		CENTRAL INDEX KEY:			0001615063
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				471025534
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		250 WEST 57TH STREET, 22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107
		BUSINESS PHONE:		212-520-6607

	MAIL ADDRESS:	
		STREET 1:		250 WEST 57TH STREET, 22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WEIL A LORNE
		CENTRAL INDEX KEY:			0000921873

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36689
		FILM NUMBER:		141278998

	MAIL ADDRESS:	
		STREET 1:		C/O SCIENTIFIC GAMES CORPORATION
		STREET 2:		750 LEXINGTON AVENUE, 25TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Hydra Industries Sponsor LLC
		CENTRAL INDEX KEY:			0001622289
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36689
		FILM NUMBER:		141278999

	BUSINESS ADDRESS:	
		STREET 1:		3 COLUMBUS CIRCLE, 15TH FLOOR
		CITY:			NEW YORK CITY
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		347-853-2935

	MAIL ADDRESS:	
		STREET 1:		3 COLUMBUS CIRCLE, 15TH FLOOR
		CITY:			NEW YORK CITY
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v396112_form4.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2014-12-08</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001615063</issuerCik>
        <issuerName>Hydra Industries Acquisition Corp.</issuerName>
        <issuerTradingSymbol>HDRA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000921873</rptOwnerCik>
            <rptOwnerName>WEIL A LORNE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>250 WEST 57TH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman and CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001622289</rptOwnerCik>
            <rptOwnerName>Hydra Industries Sponsor LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3 COLUMBUS CIRCLE, 15TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK CITY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2014-12-08</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>146760</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1186308</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">As contemplated in connection with the initial public offering of Hydra Industries Acquisition Corp. (the &quot;Issuer&quot;), 146,760 shares of common stock, par value $0.0001 per share, were returned to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised.</footnote>
        <footnote id="F2">The shares are held by Hydra Industries Sponsor LLC (the &quot;Sponsor&quot;) and are beneficially owned by A. Lorne Weil, who has sole voting and dispositive power over the shares held by the Sponsor. Mr. Weil, B. Luke Weil, a son of Mr. Weil, and trusts owned by Mr. Weil's children, B. Luke Weil, Nicholas Weil, Francesca Weil, and Alexander Weil, own all of the membership interests in the Sponsor. Mr. Weil may be deemed the beneficial owner of the securities held by the Sponsor and has sole voting and dispositive control over such securities. Mr. Weil disclaims beneficial ownership over any securities owned the Sponsor in which he does not have any pecuniary interest.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ A. Lorne Weil</signatureName>
        <signatureDate>2014-12-10</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ A. Lorne Weil Managing member of Hydra Industries Sponsor LLC</signatureName>
        <signatureDate>2014-12-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
