Israeli election results in a hung parliament?

Legislative elections are scheduled to be held in Israel in 2026. This market will resolve to “Yes” if, following the next election for the Israeli Knesset, a new Knesset election is called prior to any government being formed. Otherwise, this market will resolve to “No”. Government formation refers to a political coalition or government being approved by an investiture vote of the Knesset. An election will be considered called if the Knesset is dissolved, or if a new Knesset election is otherwise officially announced by the Israeli government. If a government is formed following the election before a new Knesset election is called, this market will immediately resolve to “No”. The failure of a government formation attempt will not alone qualify if no new Knesset election has been called. If neither occurs by June 30, 2027, 11:59 PM ET this market will resolve to “No”. The primary resolution source for this market will be official information from the government of Israel; however, a consensus of credible reporting may also be used.