EmazingLights Shark Tank Update

EmazingLights Shark Tank Pitch

Brian Lim appeared on Shark Tank Season 6, Episode 22, which aired on March 13, 2015, with colorful led lit gloves for parties, festivals and raves.

EmazingLights is listed in the Media Entertainment category. In plain terms, the business is described as colorful led lit gloves for parties, festivals and raves.

EmazingLights asked the Sharks for $625,000 for 5%, implying a valuation of about $12.5 million.

On the show, EmazingLights made a listed deal with Daymond John and Mark Cuban for $650,000 for 8% + 20% on all licensing deals.

If treated as straight equity, the listed deal works out to about $8.1 million implied valuation, down from the original $12.5 million implied valuation.

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

EmazingLights After Shark Tank

EmazingLights accepted an on-air Shark Tank deal for $650,000 for 8% + 20% on all licensing deals. The on-air deal closed. Follow-up reporting lists the company as in business. (Emazing Lights Shark Tank Update

EmazingLights reported sales of $15 as of 2020, All remaining inventory can be purchased on our sister website iHeartRaves.com and select products available on Amazon. The company did licensing deals with MGM, selling their products at six of MGM's properties in Las Vegas. (Emazing Lights Shark Tank Update

The official website for EmazingLights is listed as www.emazinglights.com. (EmazingLights website

Sources

Sources used for this page: Shark Tank API pitches