Facile metal-free splitting of molecular hydrogen (H-2) is crucial for the utilization of H-2 without the need for toxic transition-metal-based catalysts. Frustrated Lewis pairs (FLPs) are a new class of hydrogen activators wherein interactions with both a Lewis acid and a Lewis base heterolytically disrupt the hydrogen hydrogen bond. Here we describe the activation of hydrogen exclusively by a boron-based Lewis acid, perfluoropentaphenylborole. This antiaromatic compound reacts extremely rapidly with H-2 in both solution and the solid state to yield boracyclopent-3-ene products resulting from addition of hydrogen atoms to the carbons a to boron in the starting borole. The disruption of antiaromaticity upon reaction of the borole with H-2 provides a significant thermodynamic driving force for this new metal-free hydrogen-splitting reaction.