This compound is primarily utilized in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, which are widely employed in the construction of complex organic molecules, particularly in pharmaceutical and materials science research. Its boronate ester group enables efficient coupling with aryl or vinyl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the synthesis of advanced materials, such as organic semiconductors and light-emitting diodes (OLEDs), where precise molecular architecture is critical. Additionally, its fluorenyl moiety contributes to enhanced stability and electronic properties, making it suitable for applications in optoelectronic devices and organic photovoltaics.