Derivatives of the hitherto unknown ring system, pyrazolo[4′,3′:5,6]pyrano[2,3‐b]quinoxalin‐4(1H)‐one, are synthesized in one step from the corresponding 1‐substuituted or 1,3‐disubstituted 2‐pyrazolin‐5‐ones and 3‐chloroquinoxaline‐2‐carbonyl chloride using calcium hydroxide in boiling 1,4‐dioxane. The parent system carrying no substituent in positions 1 and 3 is obtained upon treatment of the 1‐PMB (p‐methoxybenzyl) protected congener with trifluoroacetic acid. Detailed NMR spectroscopic investigations including unambiguous chemical shift assignments of all 1H, 13C, and 15N resonances of the obtained tetracycles are reported.