NASHUA, N.H. — Businessman Andrew Yang Andrew YangDoctor who allegedly assaulted Evelyn Yang arrested on federal charges The Hill's Campaign Report: Biden weighs in on police shootings | Who's moderating the debates | Trump trails in post-convention polls Buttigieg launches his own podcast MORE suspended his presidential campaign on Tuesday after a meteoric rise that saw him outlast several other higher-profile Democratic candidates.

"While there is great work yet to be done, you know I am the math guy," Yang told supporters on Tuesday. "It is clear tonight from the numbers that we are not going to win this race.”

"I am not someone who wants to accept donations and support in a race we will not win," he continued.

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"And so tonight, I am announcing I am suspending my campaign for president," he said to audible disappointment among his supporters, with one yelling, "We love you, Andrew."

Yang thanked his supporters in a tweet on Tuesday before it was revealed that he was dropping out.

I am so proud of this campaign. Thank you to everyone who got us here. — Andrew Yang (@AndrewYang) February 12, 2020

Yang defied expectations throughout the campaign, climbing into the race’s mid-tier in the second half of 2019.

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The tech entrepreneur outlasted sitting senators and governors in the race, including Sens. Kamala Harris Kamala HarrisScott Walker helping to prep Pence for debate against Harris: report California family frustrated that governor, Harris used fire-damaged property for 'photo opportunity' Moderna releases coronavirus vaccine trial plan as enrollment pushes toward 30,000 MORE (D-Calif.) and Cory Booker Cory Anthony BookerDHS opens probe into allegations at Georgia ICE facility Democratic lawmakers call for an investigation into allegations of medical neglect at Georgia ICE facility Black Voters Matter Fund deploying voter outreach caravans in 12 states to drive turnout MORE (D-N.J.) and Washington Gov. Jay Inslee Jay Robert InsleeBarr asked prosecutors to explore charging Seattle mayor over protest zone: report Bottom line Oregon senator says Trump's blame on 'forest management' for wildfires is 'just a big and devastating lie' MORE (D).

Yang gained national exposure on the race’s debate stages, making every debate stage except the Des Moines, Iowa, debate in January.

Yang frequently used his time on the debate stage to tout his universal basic income platform, which he called the Freedom Dividend.

The presidential candidate launched the Freedom Dividend Pilot Program in September, in which at least 10 American families will receive $1,000 a month, or $12,000 a year.

“This is how we will get our country working for us again — the American people,” Yang said during the September debate where he announced the program.

Updated at 8:38 p.m.