CapForce Inc. (CFOR) company profile
Close on Oct 19, 2026Market cap $50.33MP/E 0.7Yield –
About CapForce
Services-Management Consulting Services, SIC 8742
CapForce Inc. operates as a financial services and financial technology company focused on capital markets advisory and digital investment banking solutions. The company provides listing sponsorship and listing consultancy services designed to assist mid-sized, growth-stage private enterprises in pursuing public offerings on major global and United States stock exchanges. Through its iCapX platform and related subsidiaries, CapForce develops solutions for equity capitalization table management, computational model-driven investment banking advisory, portfolio analytics, and cross-border securities trading. Its customers consist primarily of private growth-stage companies—with an emphasis on issuers based in Asia—alongside institutional investors, corporate clients, and qualified market participants.
The company is headquartered in Labuan, Malaysia, and operates an operational hub in Kuala Lumpur. Operating internationally, CapForce focuses on client engagement across Southeast and East Asia, sourcing enterprise relationships in markets including Malaysia, Singapore, Indonesia, Thailand, Vietnam, and India, while guiding international issuers targeting major equity exchanges in the United States and Asia.
Summary of the business section of CapForce's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CapForce Inc.
- Founded
- 2001
- Headquarters
- Kuala Lumpur, Malaysia
- Address
- Unit L33a-7, Tower A, Menara Uoa Bangsar, No. 5, Jalan Bangsar Utama 1 59000
- Phone
- (301) 869-9683
- Website
- opgen.com
- Employees
- 3, Dec 31, 2025
- Industry
- Services-Management Consulting Services
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Beckles & Co., Inc, West Palm Beach, Florida
Stock & identifiers
- Ticker
- CFOR
- Former tickers
- OPGN until May 26, 2026
- Exchange
- OTC
- IPO date
- May 5, 2015
- Shares outstanding
- 12M, Aug 18, 2026
- Public float
- $11.60M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-10 reverse, May 20, 2024; 1-for-20 reverse, Jan 5, 2023; 1-for-20 reverse, Aug 29, 2019; 1-for-25 reverse, Jan 19, 2018
- SEC CIK
- 1293818
- CUSIP
- 68373L406
- ISIN
- US68373L4068
- FIGI
- BBG001J1CY88
- Share class FIGI
- BBG001V0FY01
- EIN
- 06-1614015
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mohd Azham Azudin | COO | 36,805 |
| Gillian Tan Rou Yee | Corporate Secretary | 18,403 |
| Christian-Laurent Bonte | Chief Executive Officer | 28,571 |
| Mohd Syed Johan Bin Syed | Chief Technology Officer (CTO) | 9,709 |
| Zhao Qi Ken Lim | Director | 34,126 |
| Yu Jie Ethan Low | Director | 34,126 |
| Poh Yin Constance Wong | Director | 34,126 |
| Kok Hoe Victor Chua | Director | 34,126 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Compensation Actually Paidto PEO | – | $514.30K | $26.25K | $379 | – |
| FY2025 Compensation Tablefor PEO | $77.17K | – | $26.25K | $379 | – |
| FY2024 Compensation Actually Paidto PEO | – | $17.14K | $50.00K | $2 | – |
| FY2024 Compensation Tablefor PEO | $50.00K | – | $50.00K | $2 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|
| John Tan Honjian Chief Executive Officer | – | – | $25.00K | $25.00K | – |
| Christian-Laurent Benoit Bonte Chief Executive Officer | $13.00K | – | – | $13.00K | -74% |
| Mohd Azham Azudin Chief Operating Officer | – | – | $12.50K | $12.50K | -75% |
| Syed Johan Bin Syed Mohd Chief Technology Officer | – | $40.00K | – | $40.00K | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- May 5, 2015
- Offer price
- $6.00
- Securities offered
- 2,500,000
- Gross proceeds
- $15.00M
- Exchange
- Nasdaq
- First trading day
- May 5, 2015
- First-day close
- $4.85-19.2%
- Lock-up ends (est.)
- Nov 1, 2015
“The initial public offering price is $6.00 per unit.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 3 full-time employees and 3 fractional consultants across the U.S.”
Corporate history
Events identified from SEC filings
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