It’s no great surprise that NASDAQ has continued the suspension of rules that would govern delisting from the exchange. 20% of the listings traded on NASDAQ are trading below $2, and when combined with the fact that IPOs are few and far between, coupled with bankruptcies and liquidations, well you can start to see a picture where the NASDAQ would be a much smaller exchange were they to apply their own rules governing listing requirements.

At least 125 public companies that could have been dumped off the Nasdaq exchange due to their rock-bottom share prices are still under reprieve because the tech-heavy exchange has continued a suspension of its delisting rules that was to expire Friday.

[From Nasdaq extends delisting reprieve]