The production of polycyclic carbon backbones through the direct irradiation of simple conjugated hydrocarbons is a remarkably simple way of forming complex molecular architectures. [1] Examples of these processes are the production of bicyclobutanes from butadienes, [2] tetrahedranes from cyclobutadienes, [3] benzvalenes from benzenes, [4] and semibullvalenes from cyclooctatetraenes. [5] We have demonstrated [6] that the photogeneration of 1,2-di-tert-butylbicyclobutane and benzvalene involves the deactivation at different types of S 1 /S 0 conical intersections, which prompts a concerted (simultaneous formation of two new s bonds) [6a] or stepwise (initial formation of the prefulvene diradical) [6b] mechanism, respectively. Herein, we discuss our investigations into the mechanisms of the photochemical production of polycyclic hydrocarbons, specifically the conversion of cycloocta-1,3,5,7tetraene (COT) into semibullvalene (SBV). We show that a novel type of conical intersection is involved in this process.Although SBV was first isolated after the sensitized irradiation of barrelene, [5a] it can also be synthesized by the direct irradiation of COT. [5b,c] In particular, direct irradiation in solution [5b] affords SBV and benzene (as a by-product), whereas vapor-phase UV irradiation is of preparative value. [5c] Experimental evidence was obtained for the direct formation of SBV, [5b] and a two-photon mechanism for SBV photogeneration was proposed. [5b] According to this model, the first photon is absorbed by the stable (cis,cis,cis,cis) configuration of COT, thus leading to the production of the strained trans,cis,cis,cis isomer, which then absorbs a second photon to produce SBV. The SBV is produced more rapidly than the strained isomer.Double-bond shifting (DBS) is an alternative process that occurs in antiaromatic [4n] systems such as COT. It has been established that the reversible interconversion between DBS isomers (a p-skeletal rearrangement) may be induced either thermally or photochemically. [7±9] Although DBS is of no practical interest for the parent COT, it may be used to turn on and off the conjugation between p substituents located at the vicinal position. The DBS reaction may thus be exploited to design photochemically driven switches. [9] We have found computational evidence that SBV and DBS originate from the same (excited-state) reaction path. In particular, the calculated S 1 path [10] (Scheme 1; light lines) goes through a novel type of boatlike S 1 /S 0 conical intersection (CI), which provides the locus for decay and branching [11] by means of three independent S 0 paths (dark lines). Scheme 1. Schematic representation of the reaction paths of COT*. Symmetry labels and relative CASPT2 energies (kcal mol À1 in parenthesis) are also reported for each calculated structure. S 1 COT is a planar D 8h -symmetric minimum (COT*). This structure (Figure 1) corresponds to the expected (aromatic) geometry, which characterizes the S 1 state of an antiaromatic system. [7] The S 1 ± S 0 energy ...