The security company that wants to go public - at a value of about 5 billion shekels
The simulator company Bgira, controlled by the Mizrahi family, will try to raise about 1 billion shekels at an estimated value of 4.5-5 billion shekels • Most of the fundraising amount is expected to go…
Assessment
A major Israeli defense contractor is moving toward a public listing, with the controlling family looking to cash out a significant portion of their stake. The proposed valuation of around 5 billion shekels will test investor appetite for defense tech in the current market. The structure of the offering, where most proceeds go to existing shareholders rather than the company, signals that this is primarily a liquidity event for the owners. Watch for how institutional investors respond to the valuation and whether the company outlines a clear growth strategy beyond the IPO.