Metal complexes of trithiadodecaazahexaphyrin (Hhp) that contain M II 3 O clusters inside a π-extended trianionic (Hhp 3− ) macrocycle have been prepared. Studies of the magnetic properties of Ni II 3 O(Hhp) and Cu II 3 O(Hhp) reveal a diamagnetic and EPR-silent trianionic (Hhp 3− ) macrocycle and diamagnetic Ni II 3 (O 2− ) or paramagnetic Cu II 3 (O 2− ) tetracations. The positive charge of M II 3 O(Hhp) is compensated by one acetate anion {M II 3 O(Hhp)} + (CH 3 CO 2 − ). The three-electron reduction of {M II 3 O(Hhp)} + yields {cryptand 2) crystalline salts. The magnetic properties of 1 reveal the formation of Hhp 5− and the reduction of nickel(II) to the paramagnetic Ni I ion (S = 1/2), which is accompanied by the formation of the {Ni II 2 Ni I O(Hhp 5− )} 2− dianion. As a result, the magnetic moment of 1 is 1.68 μ B in the 20−220 K range, and a broad EPR signal of Ni I was observed. The Hhp 5− macrocycle has a singlet ground state, but the increase in the magnitude of the magnetic moment of 1 above 220 K is attributed to the population of the triplet excited state in Hhp 5− . The {Ni II 2 Ni I O(Hhp 5− )} 2− dianion is transferred from the doublet excited state to the quartet excited state with an energy gap of 1420 ± 50 K. Salt 1 also shows an unusually strong low-energy NIR absorption, which was observed at 1000−2200 nm. In 2, a highly reduced Hhp •6− radical hexaanion (S = 1/2) coexists with a Cu II 3 (O 2− ) cluster (S = 1/2) in the {Cu II 3 O(Hhp •6− )} 2− dianions. The dianions have a triplet ground state with antiferromagnetic exchange between two S = 1/2 spins with J = −6.4 cm −1 . The reduction of Hhp in both salts equalizes the initially alternated C−N bonds, supporting the increase in the Hhp macrocycle electron delocalization.