Hong Kong, China – Cloudfog Limited today announced that it has filed a registration statement and a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for a proposed initial public offering of its Class A voting shares.

The number of shares to be sold and the price range for the proposed offering have not yet been determined. Cloudfog Limited intends to apply to list its Class A voting shares on the Toronto Stock Exchange.

Cloudfog Limited intends to have the listing completed and ready for public trading in the 4th quarter of 2016. The company has completed most of its private equity financing and has turned to the public equity markets to continue its accelerating growth. The company sees no complications in completing the sale of its shares because of great demand shown in early studies.

TD Capital Markets are acting as initial book running managers and can accord Capital are acting as co-managers along with various private equity advisors. A registration statement relating to the Class A voting shares has been filed but has not yet become effective.

A preliminary prospectus has been filed with the regulatory commissions and similar securities regulatory authorities in each of the provinces and territories of Canada containing important information relating to the Class A voting shares. The preliminary prospectus remains subject to amendment.

The offering will be made only by means of a prospectus. A written prospectus may be obtained from Cloudfog Limited by request.

Cloudfog Limited is a innovative cloud-based commerce encryption and protection sofware developer providing support to major fortune 100 companies and governments institutions worldwide.