No Label will abandon its candidacy and not participate in the 2024 elections after failing to find a candidate with a credible path to victory.

No Labels will not run a third-party “unity” candidacy against Donald Trump and Joe Biden in the 2024 presidential election, the group said Thursday.

In a statement, the centrist group said they were unable to find a candidate who had a credible path to winning on their hypothetical bipartisan platform, “so the responsible course of action is for us to withdraw.”

“We will remain committed over the next year during what will likely be the most divisive presidential election of our lifetimes,” the group said. “We will promote dialogue around major political challenges and call out both sides when they speak and act in bad faith.”

“We will remain committed over the next year during what will likely be the most divisive presidential election of our lifetimes,” the group said. “We will promote dialogue around major political challenges and call out both sides when they speak and act in bad faith.”

The decision was first reported by The Wall Street Journal.

Despite being able to field a satisfactory candidate, No Labels said Thursday that “Americans remain more open than ever to an independent presidential bid and hungrier to unify national leadership.”

“Big ideas are not new to us,” the group said in its statement. “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 against the extremes in our politics and drive solutions to America’s biggest problems. That work is more important now than ever.”

Among the names the group had mentioned were former New Jersey Gov. Chris Christie, former U.N. Ambassador Nikki Haley, Kentucky Gov. Andy Beshear, Louisiana Sen. Bill Cassidy and New Hampshire Gov. Chris Sununu.

But none of those figures ended up getting on the ship.

“While I believe this is a conversation that needs to be had with the American people, I also believe that if there is no path to winning and if my candidacy would somehow help Donald Trump become president again, then it is not the path to continue,” Christie said in a statement last week.

For the past year and a half, the group’s leadership has held private conversations with potential candidates in an attempt to attract former and current political figures, according to people familiar with the program.

At the same time, the group has repeatedly rejected the argument that its hypothetical candidacy of a Democrat and a Republican would simply act as a “spoiler,” probably for Biden.

“We will never feed a saboteur candidate,” said No Labels chief strategist Ryan Clancy. “We don’t want to feed any type of candidacy that attracts more votes from one side.”

No Labels was scheduled to hold a convention in Dallas on April 14 and 15 to hear from supporters and evaluate whether the group would launch a third-party bid. The convention ended up being held virtually in March, a month ahead of schedule, despite wanting to allow more time.