No Labels will no longer pursue a third-party presidential ticket, ending a monthslong effort to gain ballot access across all 50 states that garnered criticism from both Republicans and Democrats.

“Americans remain more open to an independent presidential run and hungrier for unifying national leadership than ever before,” the group said in a statement. “But No Labels has always said we would only offer our ballot line to a ticket if we could identify candidates with a credible path to winning the White House. No such candidates emerged, so the responsible course of action is for us to stand down.”

The announcement comes just weeks after the group voted to “move immediately” in a closed-door meeting to launch a presidential campaign despite pushback from both Republicans and Democrats that an alternative campaign could prove as a “spoiler” in the high-stakes election.

However, the group has struggled with choosing candidates to put on its alternative ticket after top contenders such as Sen. Joe Manchin (D-WV) and former Maryland Gov. Larry Hogan, a Republican, both said they would not run for president.

“We will remain engaged over the next year during what is likely to be the most divisive presidential election of our lifetimes,” the group said. “We will promote dialogue around major policy challenges and call out both sides when they speak and act in bad faith. For now, suffice it to say that this movement is not done. In fact, it is just beginning.”

Before dropping its bid, the group gained ballot access in 21 states. The group had plans to gather signatures to appear as a third party in 33 states, with the candidate’s campaign being responsible for the final 17. No Labels had long said it would only move forward with a ticket in the case of a Trump-Biden rematch and only if there were a path forward for success — but a viable candidate could not be found, according to the group.

No Labels had garnered widespread criticism from some Democrats who said a third-party ticket would spoil the election for President Joe Biden by siphoning votes away from the incumbent and handing the White House to former President Donald Trump. Outside Democratic groups have pointed to historical evidence showing third-party candidates typically do poorly in general elections.

The group repeatedly rejected those claims, citing internal polling that showed a third-party candidate would pull support from both Biden and Trump rather than tilting the odds in one’s favor.

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Despite abandoning its efforts for the 2024 election, the group noted it would continue “to build on our momentum” in future election cycles.

“We have been working since 2010 to organize citizens across America and members of Congress through the Problem Solvers Caucus, which we created to push back on the extremes in our politics and push forward solutions to America’s biggest problems,” the group said. “That work is more important now than ever.”