Hydra Industries Acquisition Corp.
Completed 2016-12-23- CIK 1615063
- HDRA
- Now INSE
- IPO 2014-10-27
- $80M trust
- 692 filings
Successfully merged with Inspired Gaming Group • Now trading as INSE
- IPO Size
- $80M
- raised at the IPO
- Trust
- $80M
- as of 2016-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2014
- year it listed
Filings, by quarter
692 filings over 49 quarters; violet bars carry a milestone
- 14 Q3: 4 filings
- 14 Q4: 32 filings
- 15 Q1: 5 filings
- 15 Q2: 1 filing
- 15 Q3: 3 filings
- 15 Q4: 3 filings
- 16 Q1: 6 filings
- 16 Q2: 3 filings
- 16 Q3: 10 filings
- 16 Q4: 32 filings
- 17 Q1: 38 filings
- 17 Q2: 28 filings
- 17 Q3: 19 filings
- 17 Q4: 12 filings
- 18 Q1: 36 filings
- 18 Q2: 10 filings
- 18 Q3: 17 filings
- 18 Q4: 4 filings
- 19 Q1: 21 filings
- 19 Q2: 15 filings
- 19 Q3: 4 filings
- 19 Q4: 9 filings
- 20 Q1: 28 filings
- 20 Q2: 8 filings
- 20 Q3: 10 filings
- 20 Q4: 9 filings
- 21 Q1: 27 filings
- 21 Q2: 40 filings
- 21 Q3: 14 filings
- 21 Q4: 9 filings
- 22 Q1: 30 filings
- 22 Q2: 13 filings
- 22 Q3: 5 filings
- 22 Q4: 3 filings
- 23 Q1: 28 filings
- 23 Q2: 5 filings
- 23 Q3: 4 filings
- 23 Q4: 5 filings
- 24 Q1: 27 filings
- 24 Q2: 12 filings
- 24 Q3: 7 filings
- 24 Q4: 8 filings
- 25 Q1: 24 filings
- 25 Q2: 10 filings
- 25 Q3: 4 filings
- 25 Q4: 8 filings
- 26 Q1: 24 filings
- 26 Q2: 8 filings
- 26 Q3: 10 filings
- S-1 filed 14 Q3
- IPO 14 Q4
- Definitive agreement 16 Q3
- Completed 16 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Hydra Industries Acquisition Corp. is a blank-check company formed to effect a merger or similar business combination with one or more businesses, targeting enterprise values of approximately $250 million to $500 million without industry or geography limits.
Investment Focus
Technology, Manufacturing, Business Services
Geographic Focus
Latin America, Europe, Asia
Key Information
As the filings state it
- IPO Date
- 2014-10-27
- Total Redemptions
- $18.7M
- PIPE
- $20M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2016-12-23
- Merger Target
- Inspired Gaming Group
- SPAC Ticker
- HDRA
- Merged Ticker
- INSE
Stock Performance
INSETrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2014-12-16 | $9.55 | |
| At Merger | 2016-12-27 | $8.45 | -12% |
| 6 Months Post-Merger | 2017-06-26 | $12.10 | +43% |
| 1 Year Post-Merger | 2017-12-26 | $9.90 | +17% |
| 2 Years Post-Merger | 2018-12-24 | $4.87 | -42% |
| Current Price | 2026-10-09 | $3.75 | -61% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team has operating, strategic, M&A and capital-markets experience, including experience working together at Scientific Games. Chairman and CEO A. Lorne Weil has extensive operating and acquisition experience and a prior SPAC record; the Macquarie sponsor adds financial and deal-sourcing expertise.