AI-washing – when AI hype becomes a litigation risk
The transaction was structured through an offering of new shares valued at €150 million, resulting in an initial market capitalization for the company of approximately €583 million, which could increase to €605 million in the event the green shoe option is exercised. TSK's stock market debut constitutes the first IPO in Spain in 2026.
The Hogan Lovells team that advised TSK on the transaction was led by Íñigo Berrícano (Partner, Capital Markets) and Alvaro Albors (Counsel, Capital Markets), with the support of Emiliano Moreno, Jorge Núñez-Lagos, José Antonio Garaña, and Pedro Beneyto (Associates, Capital Markets).