Interligand charge transfer is examined in the novel metallo-dithiolene complex MoO(SPh)2(iPr2Dto) (where iPr2Dto is N,N′-isopropyl-piperazine-2,3-dithione). The title complex displays a remarkable 70° “envelope” type fold of the five member dithiolene ring, which is bent upward toward the terminal oxo ligand. A combination of electronic absorption and resonance Raman spectroscopies have been used to probe the basic electronic structure responsible for the large fold-angle distortion. The intense charge transfer transition observed at ~18,000 cm−1 is assigned as a thiolate → dithione ligand-to-ligand charge transfer (LL′CT) transition that also possesses Mo(IV) → dithione charge transfer character. Strong orbital mixing between occupied and virtual orbitals with Mo(x2−y2) orbital character derives from a strong pseudo Jahn-Teller effect, which drives the large fold angle distortion to yield a double well potential in the electronic ground state.