EZC Pak Shark Tank Update

EZC Pak Shark Tank Pitch

Sarath Malepati appeared on Shark Tank Season 11, Episode 6, which aired on November 3, 2019, with echinacea, zinc, and vitamin C immune support pack.

EZC Pak is listed in the Health SelfCare category. In plain terms, the business is described as echinacea, zinc, and vitamin C immune support pack.

EZC Pak asked the Sharks for $125,000 for 5%, implying a valuation of about $2.5 million.

On the show, EZC Pak made a listed deal with Kevin O'Leary for $125,000 for 5% + $1 royalty per unit until $450,000 is repaid.

If treated as straight equity, the listed deal works out to about $2.5 million implied valuation, roughly the same implied valuation as the ask.

This pitch is included as context for the more important question: what happened after Shark Tank.

EZC Pak After Shark Tank

EZC Pak accepted an on-air Shark Tank deal for $125,000 for 5% + $1 royalty per unit until $450,000 is repaid, but follow-up reporting says the deal did not close after filming. (EZC Pak Shark Tank Update

In a press release about the meteoric rise in sales, Malepati said, "Antibiotics still don't treat viruses. (EZC Pak Shark Tank Update

He also introduced EZC Pak+D, his vitamin D product, which also sold well. (EZC Pak Shark Tank Update

The current brand site points customers to www.ezcpak.com. (EZC Pak website

Sources

Sources used for this page: Shark Tank API pitches