Middle East updates: Israel-Lebanon ceasefire extended to Feb. 18

Israel Defense Forces spokesperson, Rear Adm. Daniel Hagari, gave a televised statement Saturday morning, in which he confirmed that the four female IDF soldiers who were just released from captivity in Gaza are now meeting with their parents in Israel.

Hagari said Hamas failed to meet its commitment to the agreement for Saturday to also release civilians and that they must free Yehud Arbel and Agam Berger.

He said the IDF also expects them to release Shira Bibas and her children, saying there’s grave concerns about their wellbeing.

He called the event in which Hamas brought the hostages onto a stage in a crowded square in Gaza City before releasing them a “cynical” show.

-ABC News' Jordana Miller

The Four returning hostages -- Daniella Gilboa, Liri Albag, Naama Levy and Karina Ariev -- have crossed into Israeli territory with IDF and ISA Forces, according to a statement from the Israel Defense Forces and the Israel Security Agency.

"A short while ago, accompanied by IDF and ISA forces, the four returning hostages crossed the border into Israeli territory," the statement read. "The returning hostages are currently on their way to an initial reception point in southern Israel, where they will be reunited with their parents."

Four female hostages, who appeared to be wearing IDF uniforms and carrying paper bags, were just escorted by Palestinian fighters out of vehicles to a stage in the square, where they were seen smiling and waving at the cheering crowd. They were then escorted into the Red Cross vehicles, which are now slowly driving out of the crowded square.

"The Israeli government embraces the four returning Israel Defense Forces soldiers," according to a statement from the Israeli Prime Minister’s Office. "Their families have been informed by the designated authorities that they have joined our forces. The Israeli government is committed to the return of all abducted and missing persons."

A Red Cross convoy has entered Palestine Square in Gaza City,

This comes as a large crowd of Hamas fighters and vehicles have also gathered ahead of the expected hostage release.

There is currently no indication of the presence of the hostages.

Hamas is expected to release Karina Ariev, 20; Daniella Gilboa, 20; Naama Levy, 20; and Liri Albag, 19. In exchange, Israel will release 200 Palestinians being held in prisons.