As neutral isoelectronic analogues of the elusive cyclopentadienyl cation, boroles have been of interest for their prospective applications as strong Lewis acids, chromophores, and electron acceptors. Recently our group discovered a π-nucleophilic boryl anion based on the borole system. In an effort to extend borole chemistry, we now report the molecular structure of 1-chloro-2,3,4,5-tetraphenylborole (1) and its corresponding borole dianion resulting from the two-electron reduction of 1 with KC(8). The thermally induced dimerization of 1 yields an unprecedented boracyclohexadiene/borolene spiro-bicyclic compound and the resulting dimer was fully characterized including a single-crystal X-ray analysis.