The Ohio biotech entrepreneur, who promised his far-right and anti-establishment policy proposals could unite the country around a shared identity, garnered less than 8% in Iowa’s caucuses.

He trailed far behind Trump, who pulled in more than 51% of the votes, and Ron DeSantis and Nikki Haley, who garnered 21% and 19% respectively, with 97% of results reported as of 11:30 p.m. Monday.

“We are going to suspend this presidential campaign,” Ramaswamy said. “There is no path for me to be the next president, absent things that we don’t want to see happen in this country.”