The synthesis and a combined spectroscopic and density functional theoretical characterization of a 3',4'-ethylenedioxy-5,5"-bis(dicyanomethylene)-5,5"-dihydro-2,2':5',2"-t erthiophene analogue of 7,7,8,8-tetracyano-quinodimethane (TCNQ) are presented. Electrochemical data show that this novel trimer can be both reversibly reduced and oxidized at relatively low potentials. Quantum-chemical calculations show that the compound exhibits a quinoidal structure in its ground electronic state and that a certain degree of intramolecular charge transfer takes place from the central terthienyl moiety toward both =C(CN)(2) end-caps. Therefore, the amphoteric redox behavior of this novel material can be related to the coexistence of an electron-impoverished terthienyl core endowed by two electron-enriched =C(CN)(2) substituents. The UV-vis spectrum is dominated by the appearance of a strong absorption near 660 nm, attributable to the highest occupied molecular orbital (HOMO) -> lowest unoccupied molecular orbital (LUMO) pi-pi* electronic transition of the terthienyl spine on the basis of time-dependent density functional theory (DFT) computations. The DFT calculations performed on the minimum-energy molecular geometry about the equilibrium atomic charge distribution, topologies, and energies of the frontier orbitals around the gap and about the Raman-active vibrations associated with the strongest Raman features are also consistent with a rather effective pi-electron conjugation and the partial degree of intramolecular charge transfer mentioned above. Our study reveals this novel heteroquinoid trimer could act as a promising candidate in organic field-effect transistor (OFET) applications.