#First defense nasal screens medium update
#First defense nasal screens medium plus

Our First Defense Nasal Screens update research found that they have worldwide licensing and distribution contacts and patents in more than 50 countries. Despite this, the exposure made the company a huge success around the world and it is now worth an estimated $50 million.įirst Defense Nasal Screens has gone on to become one of the most successful companies to be on Shark Tank! Sales skyrocketed during the COVID-19 pandemic and has continued to grow since. Our First Defense Nasal Screens update found that the deal did not go through. Keep reading our First Defense Nasal Screen update to find out what happened following Shark Tank!

Joe accepts the deal, and First Defense Nasal Screen walks away with a deal! When Joe returns, Mark lays out the triple-shark deal: $750,000 for 30% equity and 10% perpetual royalty. As the negotiations continue, Kevin asks Joe to step out for a moment while he discusses a deal with Daymond and Mark. Joe counters back at $5 million, but Robert says no, and goes out. This causes Robert to offer $2 million for the whole company, along with Joe’s 10% royalty. When Joe says no, Robert offers $4 million, which makes this the highest offer in Shark Tank history.

#First defense nasal screens medium plus

At this point, Daymond has a new offer of $1 million for 30% equity, plus 10% royalty until the investment is recouped. Mark asks if there is a number he would take for the whole company, and Joe says he’d need a 10% royalty.Įven so, he ideally wants to remain part of the company because he is passionate about it. Then, Kevin takes that as a challenge and offers $1 million for the whole company, but Joe says no. Next, Daymond John offers $800,000 for 30% equity, plus a 10% royalty.

First up, Kevin O’Leary offers $500,000 for 20% equity and a 15% royalty until the investment is recouped. He walked into the tank wearing the nasal screens on his nose and quickly introduced his company.ĭespite having one shark out, Joe receives several offers. Joe brought his company and product First Defense Nasal Screen to Shark Tank Season 2 Episode 2.

Shark: Kevin O’Leary, Mark Cuban, and Daymond John.

Result: $750,000 for 30% equity with 10% royalty in perpetuity.

Business: Lightweight nasal protection against allergens, viruses, and pollutants.

Shark Tank First Defense Nasal Screens Update $4 million for 100% equity and a 10% royalty in perpetuity for Joe Kevin O’Leary, Daymond John, and Mark CubanĪccepted deal of $750,000 for 30% equity with 10% royalty in perpetuity In terms of a First Defense Nasal Screens update, the company is still in business and has skyrocketed in growth since Shark Tank and is now worth an estimated $50 million. If you’re short on time, here’s a quick overview of what happened to First Defense Nasal Screens after Shark Tank!įirst Defense Nasal Screens appeared on Shark Tank Season 2 and left with a deal from Kevin O’Leary, Mark Cuban, and Daymond John for $750,000 for 30% equity with a 10% royalty in perpetuity. Will he get a deal on Shark Tank Season 2? Find out in our First Defense Nasal Screens update! He says his stick-on nasal screens will help those who are exposed to contaminated air.

Joe Moore has created a way to gain extra protection against allergens, pollutants, and viruses.