As shown by the X-ray data, in the crystal structure complex 1 has a distorted trigonal bypyramidal geometry. However, variable temperature NMR studies revealed a fluxional behavior in solution (Scheme S2). Scheme S2 When the temperature is increased from-40 °C to 25 °C, the signals for the olefins reach a coalescence point and appear as one broad signal at 1.84 ppm. Importantly, when the same sample is then cooled down beyond the coalescence point (back to −40 °C), the characteristic signals for 1 observed at low temperature appear again. These results are in agreement with those reported by Jonas et al. (Angew. Chem. Int. Ed. 1980, 19, 520) which suggest a fluxional behavior of the ligands. A putative mechanism is depicted in Scheme S3. Scheme S3 S7 Oxidation state of the Nickel center: The structure of complex 1 contains 3 largely elongated olefins bound to the Ni center with distances of 1.42, 1.46 and 1.47 Å. This experimental observation is in agreement to the Dewar-Chatt-Duncanson model, in which the olefins can be described by the continuum from metallacyclopropane to olefin. Additionally, the Ni center is sharing electrons with the Li atom, thus making two metallic Ni-Li bonds, which indicates that electrondensity at the Ni is reserved to form two Li-Ni bonds. In the literature, these descriptions of Ni-olefin complexes usually refer to the dichotomy of Ni(0)-olefin/Ni(II) metallacyclopropane. 2 However, our case represents a twofold down in oxidation state of this dichotomy and hence, a rare and unique form of a Ni(0) metallacyclopropane. S8 4 Stoichiometric Experiments Scheme S4 Reaction A: A Schlenk tube was charged with complex 1 (18.0 mg, 0.029 mmol) via argon trousers and dissolved in precooled THF (1 mL) at 0 °C. The solution was cooled to −78 °C and (E)-(2bromovinyl)benzene (5.4 mg, 3.4 µL, 0.029 mmol, 1 eq.)was added via a Hamilton syringe. After stirring for 30 minutes, hexylMgBr (55 µL, 1.05 M, 0.058 mmol, 2 eq.) was added and the reaction was stirred overnight at −20 °C. The reaction was quenched with water and decane (10 µL, 7.3 mg, 0.051 mmol) was added as an internal standard. GC FID analysis showed 32 % product formation, along with styrene (15%) and substrate homocoupling (22%). Reaction B: A Schlenk tube was charged with complex 1 (22.6 mg, 0.036 mmol) via argon trousers and dissolved in freshly dried (Na/K alloy) and precooled d 8-THF (1 mL) at 0 °C. The solution was cooled to −78 °C and (E)-(2-bromovinyl)benzene (4.1 µL, 6.6 mg, 0.036 mmol, 1 eq.) was added via a Hamilton syringe. The reaction was stirred for 30 minutes, quenched by addition of water and rinsed with EtOAc.