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The inability of p‐block elements to participate in π‐backbonding restricts them from activating small molecules like CO, H2, and so forth. However, the development of the main group metallomimetics became a new pathway, where the main‐group elements like boron can bind and activate small molecules like CO and H2. The concept of the frustrated Lewis pair, Boron–Boron multiple bonds, and borylene are...