✓ Got a deal Acquired Season 11, Ep. 16 🍽️ Food & Drink

Bohana on Shark Tank

Bohana makes snacks from popped water lily seeds, sometimes called makhana or fox nuts. The light, puffed snacks are aimed at consumers looking for a plant-based, lower-calorie alternative to popcorn.

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⏱ Bohana in 30 seconds

The ask$200K for 10%Valued at $2M
In the tankDeal: $200K for 8%With Kevin · loan
After the showNot confirmedNo public record either way
TodayAcquiredBought by Vimal Kansara, owner of Boon Distribution, in December 2022…

Bohana Shark Tank deal

Asked for: $200,000 for 10%
Asking valuation: $2M
Result: Deal
Final deal: $200,000 for 8%
Deal valuation: $2.5M
Shark: Kevin O'Leary
Structure: Loan / credit line
Founders: Nadine Habayeb
From: -
Aired: Mar 20, 2020

Deal notes: entire $200K is a 3-year loan at 9%, plus 8% equity

Asked

$2M

Got

$2.5M

Would you have invested in Bohana?

The pitch

Nadine Habayeb pitched Bohana in Shark Tank Season 11, Episode 16 (aired Mar 20, 2020). They asked for $200,000 in exchange for 10% equity, valuing the business at $2M. The entrepreneurs walked away with a deal from Kevin O'Leary: $200,000 for 8%. That put the final valuation at $2.5M, 25% above what they originally asked for. Part of the investment was structured as a loan or line of credit.