Tech = people. Assuming the acquirer wants to use and develop the tech, they will need people to do it, and who's better for it than those that have developed it? Of course, if the acquirer just wants to shut it down they may fire everybody, but in that case they may do so even without the acquisition.

Yes, he should have stopped at 6.3 wins!

If it were not possible to trade the new shares later, nobody would buy them when they are offered.