Overview
MYDA Advisors LLC (the “Firm”) is a New York limited liability company, which was formed
on June 30, 2010. The Firm is a U.S. Securities and Exchange Commission (“SEC”) registered
investment adviser. The Firm’s Managing Member and majority owner is Mr. Jason Lieber.
The Firm currently provides investment management services to two fund structures, and a private
fund. The Firm also offers investment advisory services on a discretionary basis through a
separately managed account (“SMA”) and a sub-advisory relationship with a separate private fund
(“Sub-Advised Account”). MYDA Advantage Ltd., along with MYDA Advantage, L.P., comprise
the feeder and master funds, respectively, in one fund structure (collectively “MYDA Advantage”)
and MYDA Capital Ltd., along with MYDA Capital L.P. comprise the feeder and master funds,
respectively, of the second fund structure (collectively “MYDA Capital”). The Firm also provides
investment management services to MYDA Short Term Strategy, LP (“MYDA Short Term”).
(collectively, MYDA Advantage and MYDA Capital, MYDA Short Term, are referred to as the
“Funds”) (the Funds, SMA and Sub-Advised Account are collectively referred to as “Clients”).
Each of the Funds is a private investment vehicle, that are offered exclusively to sophisticated
investors. Investors in MYDA Advantage are qualified purchasers (as promulgated under the
Investment Advisers Act of 1940, as amended) (the “Advisers Act”) and investors
in MYDA
Capital, MYDA Short Term are accredited investors (as defined under the Advisers Act). The
SMA and Sub-Advised Account may utilize similar investment strategies as the Funds, however,
they may be tailored to different objectives and may impose certain restrictions on investing in
particular securities or types of securities. In all cases, such negotiated terms shall be described in
detail in each SMA or Sub-Advised Account client’s investment management agreement (“IMA”)
or Sub-Advisory Agreement. The specific investment objectives of the Clients are set forth in the
relevant offering documents. In general, the Firm’s objective is to identify companies that it
believes are growing faster than average with upside to their valuations and overvalued companies
that the Firm believes will experience a slowdown in revenue and/or growth. The Firm does not
hold itself out as specializing in a particular type of advisory service.
As of December 31, 2023, the Firm managed $525,187,916 of regulatory assets under management
on a discretionary basis and $0 on a non-discretionary basis.
The information below is intended to serve as a summary of the advisory services provided by
MYDA to its clients, including the Funds. This information is both supplemented and superseded
by information in the private fund offering documents for each Fund. Investors in the Funds should
carefully review both this form ADV and the offering documents for the Funds prior to investing.