Preparations for a wave of new share offerings on the Tel Aviv Stock Exchange are continuing despite the war with Iran, with 2026 still expected to mark a five year peak. Dozens of companies are working toward listings, and market participants say activity has not been halted, even as the Israel Securities Authority allowed a short deferral for filing prospectuses based on annual financial statements.

Underwriters report that most deals are moving ahead, with some meetings shifted to remote formats and minor delays for smaller or more complex offerings. Large and sought after companies, particularly in defense and real estate, are still attracting strong institutional demand. Market sources say only a sharp market decline triggered by the war would significantly disrupt the pipeline.

After a recovery year that saw 21 new listings, the exchange already has around 50 offerings in progress, suggesting activity will surpass last year’s total. Many flotations are expected in April through June, with May likely to be especially busy. Recent listings have generally delivered solid returns, reinforcing confidence that the primary market can remain strong if broader market conditions hold steady.