Imhotep Institute Charter School, Inc. and Lapis Advisers, LP are pleased to announce the closing of a $5.8 million tax-exempt bond issuance. Lapis has been a financing partner of Imhotep since 2016 and, during such time, the executive management of Imhotep has consistently improved academic performance, successfully completed two Charter renewal processes, and secured ownership of its school property from its prior challenged landlord.
For more information, see attached press release. Imhotep Joint Press Release