There's a great possibility that when the tallying of votes is done, Akbayan will return to the House of Representatives with only one representative --Risa Hontiveros-Baracquel. This is a great diminution of force for Akbayan because they had three representatives in the 13th Congress, and also a big letdown for some people who would have loved to see UP Professor Walden Bello, the party's second nominee, plying the halls of the Lower House.
The national tally sheet as of June 1 shows that Akbayan, at 361,639 votes, has barely surpassed the 2 % threshold to gain a single seat at the House. During the last elections, their votes hovered somewhere in the 800,000. An official postmortem, I think, is yet to be done by Akbayan insiders to explain this unfortunate debacle at the polls. It could be, as one Akbayan member hinted, partially a result of vote shaving, or perhaps a natural consequence of more parties contesting the party-list system and eating at that portion of the electorate that previously went for Akbayan.