In this work, we investigate the electronic and magnetic
properties
of single-layer pentahexoctite, a two-dimensional carbon allotrope
patterned by pentagons, hexagons, and octagons. Using density functional
theory (DFT) calculations incorporating on-site and intersite Coulomb
interactions, we find that type-II Dirac Fermions are formed by a
nearly flat band intersecting with a dispersive band at the Fermi
level. We further examine the physical origin of nearly flat bands
of pentahexoctite. Constructing ab initio tight-binding Hamiltonian
based on Wannier functions, we reveal that nearly flat bands of pentahexoctite
originate from quantum-mechanical destructive interference. Remarkably,
our DFT calculations including extended Hubbard interactions show
that hole doping induces a ferrimagnetic phase transition driven by
the enhanced density of states in the nearly flat band. This finding
highlights that monolayer pentahexoctite is a promising candidate
for pristine all-carbon magnetic materials to serve as a platform
for future magnetic and spintronic devices.