I got this in a match recently. It happened against cammy’s dive kick move. I was about to lose the second round and had a full ultra bar so i decided to just throw it out there on wake up. It caught the dive kick as a counter hit (exactly at the peak of cody’s kick) and managed to juggle into the full ultra. The first and fourth wrench hit whiff. Second, third and fifth connect going into the full animation.
Thought i would share in case anyone was trying to figure out how this could be done.