Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of conjugated organic materials. It plays an important role in the development of organic light-emitting diodes (OLEDs), particularly as a building block for electron-transport or emissive layer materials. Its boronate ester group enables efficient carbon-carbon bond formation, making it valuable in creating complex aromatic frameworks used in optoelectronic devices. Also employed in the preparation of fluorescent sensors and organic semiconductors due to its stable imidazole core and extended π-conjugation when coupled.