This compound finds application in the field of organic synthesis, particularly as a versatile intermediate in the construction of complex heterocyclic structures. Its unique spirocyclic framework and multiple functional groups make it valuable for developing novel pharmaceuticals, agrochemicals, and materials with specific biological or physical properties. Researchers utilize it in the synthesis of quinoline-based compounds, which are known for their antimicrobial, anticancer, and anti-inflammatory activities. Additionally, its dithiole moiety can be exploited in the development of organic electronic materials, such as semiconductors or sensors, due to its electron-rich nature and potential for redox activity. The compound’s tetracarboxylate groups also provide opportunities for further functionalization, enabling the creation of tailored molecules for targeted applications.