The heteroleptic (formazanato)nickel bromide complex LNi(μ-Br) 2 NiL [LH = Mes-NH-NC(p-tol)-NN-Mes] has been prepared by deprotonation of LH with NaH followed by reaction with NiBr 2 (dme). Treatment of this complex with KC 8 led to transformation of the formazanate into azoiminate ligands via N−N bond cleavage and the simultaneous release of aniline. At the same time, the potentially resulting intermediate complex L′ 2 Ni [L′ = HNC(p-tol)-N N-Mes] was reduced by one additional electron, which is delocalized across the π system and the metal center. The resulting reduced complex [L′ 2 Ni]K(18-c-6) has a S = 1 / 2 ground state and a square-planar structure. It reacts with dioxygen via oneelectron oxidation to give the complex L′ 2 Ni, and the formation of superoxide was detected spectroscopically. If oxidizable substrates are present during this process, these are oxygenated/oxidized. Triphenylphosphine is converted to phosphine oxide, and hydrogen atoms are abstracted from TEMPO-H and phenols. In the case of cyclohexene, autoxidations are triggered, leading to the typical radical-chain-derived products of cyclohexene.