The compound [Ni(QM)2], QM = 4,6-di-tert-butyl-N-(2-methylthiomethylphenyl)-o-iminobenzoquinone, is a singlet diradical species with approximately planar configuration at the tetracoordinate metal atom and without any Ni-S bonding interaction. One-electron oxidation results in additional twofold Ni-S coordination (dNi-S ≈2.38 Å) to produce a complex cation of [Ni(QM)2](PF6) with hexacoordinate Ni(II) and two distinctly different mer-configurated tridentate ligands. The O,O'-trans arrangement in the neutral precursor is changed to an O,O'-cis configuration in the cation. The EPR signal of [Ni(QM)2](PF6) has a very large g anisotropy and the magnetic measurements indicate an S = 3/2 state. The dication was structurally characterized as [Ni(QM)2](ClO4)2 to exhibit a similar NiN2O2S2 framework as the monocation. However, the two tridentate (O,N,S) ligands are now equivalent according to the formulation [Ni(II)(QM(0))2](2+). Cyclic voltammetry reflects the qualitative structure change on the first, but not on the second oxidation of [Ni(QM)2], and spectroelectrochemistry reveals a pronounced dependence of the 800-900 nm absorption on the solvent and counterion. Reduction of the neutral form occurs in an electrochemically reversible step to yield an anion with an intense near-infrared absorption at 1345 nm (ε = 10,400 M(-1) cm(-1)) and a conventional g factor splitting for a largely metal-based spin (S = 1/2), suggesting a [(QM(·-))Ni(II)(QM(2-))](-) configuration with a tetracoordinate metal atom with antiferromagnetic Ni(II)-(QM(·-)) interactions and symmetry-allowed ligand-to-ligand intervalence charge transfer (LLIVCT). Calculations are used to understand the Ni-S binding activity as induced by remote electron transfer at the iminobenzoquinone redox system.