Two-electron reduction of carbene-supported 9bromo-9-borafluorenes with excess KC 8 , Na, or Li-naphthalenide affords six N-heterocyclic carbene (NHC)-or cyclic-(alkyl)(amino) carbene (CAAC)-stabilized borafluorene anions (3-8)-the first isolated and structurally authenticated examples of the elusive 9-carbene-9-borafluorene monoanion. The electronic structure, bonding, and aromaticity of the boracyclic anions were comprehensively investigated via computational studies. Compounds 5 and 8 react with metal halides via salt elimination to give new B-E (E = Au, Se, Ge)containing materials (9-12). Upon reaction with diketones, the carbene ligand cleanly dissociates from 5 or 8 to yield new B-O containing spirocycles (13-14) that cannot be easily obtained using "normal" valent borafluorene compounds. Collectively, these results support the notion that carbene-stabilized monoanionic borafluorenes may serve as a new platform for the onestep construction of higher-value boracyclic materials.