Cloudweb, Inc.

Cloudweb, Inc. was incorporated on May 25, 2014, in Florida, initially as Formigli, Inc., with the original intent to distribute custom handmade Italian road bikes made by Renzo Formigli worldwide. The company changed its name to Data Backup, Inc. in December 2015, then to Data Backup Solutions Inc. on November 4, 2016, and finally to Cloudweb, Inc. on October 1, 2017. Its headquarters are located at 800 W El Camino Real Suite 180 Mountain View, Florida, CA 94040. The company does not have a corporate website. On December 3, 2015, a corporate restructuring involved changing the company's name to "Cloudweb, Inc.", increasing authorized common stock from 100 million to 500 million shares, and conducting a 100-for-1 forward stock split. Cloudweb, Inc.'s common stock is quoted on the Pink Sheets of the OTC Markets under the symbol "CLOW" and began trading in November 2015. On January 28, 2016, the company acquired 100% of the equity interests of Data Cloud Inc., a Nevada corporation, by issuing 2,500,000 shares of common stock to Zhi De Liao.