Sure, I took the 52 week high price of TMPS and TMPSW on the same day and made the correlation that TMPSW/ TMPS was $0.28/$1.07 so around 26%. Also keep in mind the expiration date for TMPSW of July 31,2020 and the rate of decay if we haven’t reached the strike price of these warrants which is $11.50. So if TMPS goes beyond $11.50 before the expiration date TMPSW could appreciate as well and gives the owner the right to purchase shares for $11.50. This strike price was determined at a time when the stock TMPS was trading around $9+. Anything is possible now that they have another source of income with these refueling planes and the revenue they are capable of bringing in!
See the note below taken from the 10q of May 2017 regarding these warrants:
Each IPO and Placement Warrant entitles the holder to purchase one share of common stock at an exercise price of $11.50 per share, subject to adjustment. The IPO Warrants became exercisable on August 30, 2015, and expire at 5:00 p.m., New York time, on July 31, 2020 or earlier upon redemption or liquidation. Once the IPO Warrants become exercisable, we may redeem the outstanding IPO Warrants at a price of $0.01 per warrant, if the last sale price of the common stock equals or exceeds $17.50 per share for any 20 trading days within a 30 trading day period ending on the third trading day before we send the notice of redemption to the warrant holders.