This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its spirobifluorene structure provides rigidity and stability, making it valuable in the development of organic electronic materials. It is often employed in the synthesis of conjugated polymers and small molecules for applications in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The dioxaborolane groups act as key functional units, enabling efficient boron-based coupling reactions to construct complex organic frameworks. Additionally, its unique structure contributes to enhancing the thermal and morphological stability of the resulting materials, which is crucial for high-performance electronic devices.